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ANA Signature Sale 3094  19-20 Aug 2021
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Lot 33107

Estimate: 7000 USD
Price realized: 8500 USD
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Ancients
Licinius I (AD 308-324). AV aureus (17mm, 4.44 gm, 6h). NGC Choice XF 5/5 - 2/5, ex-jewelry, scratches. Trier, AD 313. LICINI-VS P F AVG, laureate head of Licinius I right / VBIQVE V-ICTORES, Licinius I standing facing in military dress, laureate head right, globe in left hand, transverse spear in right; flanked by seated mourning captives to left and right, facing outward, PTR in exergue. RIC VI 817c. Calicó 5135a (same dies). Extremely rare - only three examples in sales archives. Bright flan with light toning.

Gaius Valerius Licinianus Licinius was born in the early AD 260s. Like many other young men of low birth, he joined the Roman Army and rose quickly through the ranks. During his career he befriended Galerius, who became Caesar in AD 293, and then Augustus upon Diocletian's retirement in AD 305. At the Conference of Carnuntum in November AD 308, Galerius appointed him as Augustus in place of the deceased Severus II, thus leapfrogging the legitimate Caesars Constantine I and Maximinus II. The death of Galerius in AD 311 left four men claiming the supreme title of Augustus: Licinius in the Balkans, Maxentius in Italy, Constantine I in Gaul and Britain, and Maximinus II in Asia Minor and Egypt. Another round of civil wars in AD 312-313 saw Constantine defeat Maxentius and Licinius victorious over Maximinus. Licinius launched a massacre of all potential rivals, including Maximinus' children, Galerius' son, and Diocletian's daughter. Yet he grudgingly accepted Constantine's edict of toleration toward Christians and came to a modus vivendi with his western counterpart. Tensions rose, with a final civil war erupting in AD 324. Constantine landed a series of crushing blows, and Licinius retreated with the remnants of his army to Nicomedia for a final stand. His wife Constantia intervened and negotiated an honorable surrender. Constantine at first allowed him to retire to Thessalonica, but executed him in AD 325. Although Licinius was a competent soldier and administrator, his many murders paint him as an unattractive character.

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Estimate: 7000-9000 USD
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