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Classical Numismatic Group, LLC
Auction 123  23-24 May 2023
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Lot 679

Estimate: 7500 USD
Price realized: 15 000 USD
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Maximianus. First reign, AD 286-305. Æ Medallion (40mm, 46.96 g, 1h). Rome mint. Struck AD 297-298. VIRTVS MAXIMIANI AVG, laureate and cuirassed half-length bust left, breastplate adorned with Medusa's head facing. He holds the horse by the bridle and carries a shield, on which the she-wolf left, head right, nurses Romulus and Remus / MONETA AVGG, the Tres Monetae standing left, each holding scale over pile of coins in right hand, cornucopia in left. Gnecchi II p. 129, 18, pl. 127, 6. Dark green-brown patina, scratches. VF. Rare with this fascinating bust type.

From the D.K. Collection. Ex Rauch 82 (23 April 2008), lot 591 (hammer €12,000).

The Tres Monetae, female personifications of the metals of gold, silver, and bronze used to strike coins, regularly appear on Imperial medallions during the economic crisis of the second half of the third century and reflect the efforts of a series of emperors to revive the economy through monetary reform. By the time of the Tetrarchy, massive inflation had crippled the economy and Diocletian implemented dramatic economic reforms, which included the introduction of the silver argenteus and bronze follis in AD 294/5.
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