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    Description

    Tiberius. A.D. 14-37. AV aureus, (20 mm, 7.66 g, 10 h). Lugdunum, ca. A.D. 16-37. Laureate head of Tiberius right / Livia, as Pax, seated right, holding olive-branch and scepter; chair with ornate legs, feet resting on footstool. RIC 27; BMC 46; Calic├│ 305c; Cohen 15. Good VF, well centered and attractive.

    In sharp contrast to the profusion of coin types issued by his predecessor Augustus, the coinage of Tiberius is immensely conservative, in gold and silver comprising only two different designs issued over the entirety of his 23-year reign. The types here-Tiberius' laureate portrait backed with a seated female holding a scepter and branch, usually described as Livia portraying Pax-are identical to the motifs found on the silver denarius commonly called the "Tribute Penny" for its supposed role in the famous "shall we pay tribute to Caesar" scene depicted in the Gospel of Matthew. In the Roman system, a gold aureus was worth 25 silver denarii, representing enormous purchasing power. During Tiberius' reign, a low-ranking Roman soldier's annual salary was only 225 denarii or nine gold aurei. In modern terms, a single aureus was thus the equivalent of a $500 to $1,000 bill.


    Auction Info

    Auction Dates
    August, 2010
    12th-16th Thursday-Monday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
    Page Views: 516

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