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Heritage World Coin Auctions
ANA Signature Sale 3033  8 August 2014
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Lot 23076

Estimate: 30 000 USD
Price realized: 17 000 USD
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Ancients
Vespasian (AD 69-79). Orichalcum sestertius (34mm, 26.13 gm, 7h). Rome, AD 71. IMP CAES VESPAS AVG P M TR P P P COS III, laureate head right / PAX AVGVSTI, Pax standing right, setting fire to arms; to left, column surmounted by Minerva, shield and lance against it; to right, lighted altar; S C in exergue. RIC 241. Very rare. Lovely dark green patina. Extremely Fine.From The Dr. Patrick Tan Collection. Ex Gomez Collection (Gemini VII, 9 January 2011), lot 748.By AD 71, the Roman Empire had experienced five straight years of warfare that had devastated the economy and threatened the very foundations of the state. Starting with the Jewish War (AD 66-70) and proceeding through successive civil wars in the Year of the Four Emperors (AD 68-69) and the Batavian Rebellion (AD 69-70), the entire populace had suffered from instability, privation and caprice. But by mid 71, the situation had stabilized and the Pax Romana could be said to reassert itself. Vespasian's new regime struck this superb sestertius that year, depicting Pax (Peace) setting fire to a pile of weapons and armor and clutching an olive branch, to advertise the cessation of hostilities and the hope that the Roman people could now enjoy a period of tranquility under Flavian rule. 

Estimate: 30000-40000 USD
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