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Classical Numismatic Group, LLC
Auction 117  19-20 May 2021
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Lot 703

Estimate: 20 000 USD
Price realized: 36 000 USD
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Michael I Rhangabe, with Theophylactus. 811-813. AV Solidus (21mm, 4.40 g, 6h). Constantinople mint. • mIXA HL bASILЄ', crowned and draped facing bust of Michael, holding globus cruciger in right hand and akakia in left / ΘЄOFVLA CτOS ∂ЄSP´, crowned facing bust of Theophylactus, wearing loros, holding globus cruciger in right hand and cross-tipped scepter in left; X at end of legend. DOC 1a.1-4 (same dies); Füeg 1.B; SB 1615. Choice EF. Struck on an oversized flan, beautifully struck. Rare.

A high court official, Michael Rhangabe seized power when Nicephorus I was killed in battle. Michael raised his eldest son Theophylactus as co-emperor and reversed the iconoclast policies of his predecessor. In 812 he recognized Charlemagne as emperor of the West in return for Venice returning to Byzantine control; the Venetians, however, ignored the edict. Early in 813, Michael mounted a campaign against the Bulgarians, but they routed his army. In the aftermath, Michael abdicated and named the general Leo V as his successor. Michael took monastic vows and died peaceably as a monk 30 years later. His coinage in all metals is very rare.
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