NumisBids
  
Heritage World Coin Auctions
ANA Signature Sale 3094  19-20 Aug 2021
View prices realized

Lot 33105

Estimate: 7000 USD
Price realized: 10 500 USD
Find similar lots
Share this lot: Share by Email
Ancients
Diocletian (AD 284-305). AV aureus (19mm, 4.70 gm, 12h). NGC MS 5/5 - 4/5. Cyzicus, 284-286. IMP C C VAL DIOCLETIANVS P F AVG, laureate, draped, and cuirassed bust of Diocletian right, seen from behind / ROMA-E AET-ERNAE, Roma seated left on oval shield, Victory on globe left in outstretched right hand, grounded spear in left. RIC V.II 301. Calicó 4563. Solidly struck on bright, lustrous flan.

Ex Morton & Eden, Auction 108 (22 October 2020), lot 214

Although he reached the Roman throne via the path of coup and civil war, Diocletian turned out to be a far-sighted statesman of rare ability. Achieving undisputed power in AD 285, he came in with a detailed blueprint for Roman revival. Recognizing the task of governing the Empire had grown too great for one man, he divided supreme power with three old military colleagues and devised a formula for renewing this "Tetrarchy" every 20 years. The arrangement worked surprisingly well and by AD 300 the ceaseless revolts and civil wars that had nearly destroyed the Roman Empire over the latter third century had stopped, allowing Roman economic life to slowly and painfully recover. His many reforms included a complete revamp of the Roman coinage system. This aureus, struck at the very outset of his reign, retains the style, fabric and weight (about 4.75 grams) fixed by Aurelian in AD 275, about 1/70th of a Roman pound. In AD 293, Diocletian increased the weight of the aureus to 1/60th of a pound (about 5.4 grams), and at the same time introduced an entirely new coin of good silver, the argenteus.

https://coins.ha.com/itm/ancients/roman-imperial/ancients-diocletian-ad-284-305-av-aureus-19mm-470-gm-12h-ngc-ms-5-5-4-5/a/3094-33105.s?type=CoinArchives3094

HID02906262019

© 2020 Heritage Auctions | All Rights Reserved

Estimate: 7000-9000 USD
Question about this auction? Contact Heritage World Coin Auctions