Caracalla Æ 32mm of Serdica, Thrace. AD 198-217. AYT K M AY ANTΩNINOC, laureate, draped and cuirassed bust to right, slight drapery on shoulder, gorgoneion on breastplate / OYΛΠIAC CEPΔIKHC, Ares seated to left, wearing military dress, holding Nike on globe and sceptre; shield behind, bound captive below seat. H&J, Serdica 12.18.4.15 corr.; Ruzicka -; BMC Thrace -; SNG Copenhagen -; Varbanov -. 16.54g, 32mm, 7h.
Near Extremely Fine. Extremely Rare; only one specimen published in the standard references. For a second example, see CNG E-Auction 174, 10 October 2007, lot 120 (hammered for 127 GBP).
From the collection of Z.P., Austria.
CNG, following Hristova and Jekov, attribute the reverse type as Athena. The figure is clearly male and must certainly be Ares. Depictions of Athena at Serdica show her in full dress.