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Auction 125  23-24 Jun 2021
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Lot 595

Estimate: 15 000 CHF
Price realized: 15 000 CHF
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Octavian as Augustus, 27 BC – AD 14.
Aureus, Colonia Caesaugusta 19 BC, AV 7.93 g. Oak-wreathed head l. Rev. FORT RED / CAES AVG / S·P·Q·R inscribed on rectangular altar. C 105. Bahrfeldt 152. BMC 360 note (Colonia Patricia). RIC 53b note (Colonia Patricia). CBN 1343 (Nemausus). Calicó 200.
An exceedingly rare variety with the oak-wreath of an extremely rare type.
A very unusual and interesting portrait of fine style, a scratch and a few
minor marks on reverse, otherwise good very fine

Ex Glendining 20 February 1951, Ryan, 1599 and Hess-Leu 22 1963, 145 sales. From the duplicates of the Berlin Museum, Frankfurt 1929.
The legend inscribed on the side of the altar of this handsome aureus, FORT RED CAES AVG S P Q R, commemorates the dedication of the altar to Fortuna Redux that was awarded by the senate and people in Augustus' honour upon his return to the city in 19 B.C. Augustus' health was never robust, he was often sickly, and this altar which was set up near the gate through which the emperor returned expresses vows for his continued good health.
The attribution of this issue has been much discussed by scholars. In the catalogue of the British Museum, Mattingly attributed the issue to the mint of Colonia Patricia while Le Gentilhomme attributed the issue to Nemausus on the grounds of the discovery of a bronze die in that location. The latter's attribution was accepted by Grant in "Roman Imperial Money" (pp. 42-43) and Giard in his work on the catalogue of France's Bibliothèque Nationale; however, in the revised version of RIC Vol. I, Sutherland adopts Mattingly's attribution. We personally feel that an attribution to a Spanish mint is most logical and thus adhere to the theory originally put forth by Mattingly and Lanfranchi. Nevertheless, we maintain that in reality there are two distinct issues for this type: one for the mint of Colonia Caesaraugusta and one for Colonia Patricia. The aurei and denarii ascribable to Colonia Caesaraugusta can be distinguished from those of Colonia Patricia by the very different portrait style. Furthermore, in our opinion it is evident on this coin that the wreath worn by the emperor is composed of oak leaves rather than laurel which would support the notion that this is indeed a Colonia Caesaraugusta issue.
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