Leu Numismatik AG
Auction 11  14 May 2022
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Lot 293

Estimate: 750 CHF
Price realized: 3600 CHF
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Constantine I, 307/310-337. Follis (Bronze, 21 mm, 4.80 g, 6 h), Ostia, 28 October 312-early 313. IMP C CONSTANTINVS P F AVG Laureate, draped and cuirassed bust of Constantine I to right. Rev. VICTORI-A AE-T AVGGG NNN / MOSTT Victory advancing to right, presenting globe to Constantine, on the right, standing front, head to left, holding spear in his left hand. RIC -. (same reverse die). Of the highest rarity, apparently the second and by far the finest known example. A beautiful coin with a lovely dark patina and a very interesting reverse. Good very fine.

This very interesting reverse type celebrates Constantine's victory against Maxentius in the Battle of the Milvian Bridge on 28 October 312. We can date the issue to late 312 or early 313 as the exceptional reverse legend refers to three Augusti, namely Constantine I, Licinius I, and Maximinus II. Maximinus had allied with Maxentius following Licinius' engagement to Constantine's daughter Constantia in 311-312, but open hostilities only broke out between Licinius and Maximinus in early 313, leading to the latter's quick downfall.
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