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Licinius II, AE follis, Antioch, 18 mm, 3.24 g. DN VAL LICIN LICINIVS NOB C, laureate, draped bust left, holding sceptre and mappa. / IOVI CONSERVATORI CAESS, Jupiter standing left, chlamys across left shoulder, holding Victory on globe and sceptre, captive at foot left. Dot over S in right field. Mintmark SMANT.
- The Lure of An Ancient Coin
- The Obverse (Front) of The Coin
- The Reverse (Back) of The Coin
- Denomination
- Where Is The Date on The Coin?
- The Symbolism of The Reverse
- The Value of The Coin
- The Third Century Crisis in Rome
- Debasement of The Coinage and The Resulting Inflation
- Diocletian and The Establishment of The Tetrarchy
The thought of owning and holding an ancient coinin your hands is very appealing to many people, especially coin collectors. We daydream about the history of the coin: Who owned this coin a thousand years ago? Was it blood money? Whose pockets or purses has it been in? Plus, the history of the coin is fun to understand and research. What do all the...
The obverse features the bust of the Roman emperor Licinius I. He wears a wreath of laurel, oak, or ivy branches in his hair. Surrounding the bust is the Latin inscription IMPCVALLICINLICINIVSPFAVG. The inscription is a series of abbreviations that are broken down: IMP C is for Imperator Caesar, Commander-in-Chief Caesar; VAL LICIN LICINVIVS is an ...
The reverse of the coin is loaded with symbolism. The legend around the standing god Jupiter reads IOVI CONSERVATORI, a Latin abbreviation that translates as “to Jupiter the protector,” and AVGG, which is a Latin abbreviation of Duorum Augustorum—“the two emperors”—refers to the fact that Licinius ruled the Eastern Roman Empire while Constantine I ...
The denomination of the coin is that of a follis, about the size of a modern quarter. The emperor Diocletian first minted the follis as a bronze coin with a small amount of silver beginning around AD 294. Due to the continual debasement of Roman coinage, it rapidly decreased in size and weight.
Ancient coins don’t have dates on them like modern coins do. The approximate date of the coin is determined by the portrait of the ruler and any information contained in the legend. Since Licinius ruled from AD 308 to 324, we know the coin is from that period. Additional information about the date of ancient coins can be determined from the mint, i...
The dominant figure on the reverse of the coin is the god Jupiter, who was the supreme deity of ancient Rome. Jupiter, also called Jove, was equivalent to the Greek god Zeus. As the chief god, he received the title Optimus Maximus and ruled over the sky and the events that occurred there. Jupiter was responsible for the rain, hail, and thunder. He ...
There are many factors that determine the value of an ancient coin, including the condition of the coin, scarcity, and the demand of the collecting public. The condition of the coin is reported by assigning a “grade” for the coin based on systems put together over the years by coin collectors, dealers, and researchers (numismatists). The Licinius f...
During the third century AD, the Roman empire was in turmoil with a rapid turnover of emperors between AD 235 and 284. Both internal and external warfare was the norm during this period, causing large government expenditures for the military. In order to pay the wages of the vast army, the government was forced to debase the silver currency. The si...
Modern monetary policies of governments allow them to issue bonds to generate current income to finance the government; however, this was not an option in ancient Rome. As a result of the need to keep paying the troops in the large military and provide for their support, the alternative was to slowly reduce the amount of silver in the coins. As eac...
To bring a sense of order to the empire, Diocletian established in AD 293 a system of power-sharing known as the tetrarchy (rule of four). In this system, there would be two Augusti and two Caesars, the latter answering to the former and destined to replace the Augusti at their death or abdication. The tetrarchic system lasted until Constantine sei...
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Licinius I Follis. AD 321-324. D N VAL LICIN LICINIVS P F AVG, radiate, draped and cuirassed bust right / IOVI CONS-ERVATORI, Jupiter standing left, holding Victory on a globe and eagle tipped sceptre, eagle with wreath in beak and captive at feet, XII Mu to right. Mintmark SMHΓ. Text: Image: Heraclea RIC VII 52 : Licinius I Follis. AD 321-324.
A.D. 317-324 Licinius II Bronze Reduced Follis ENTER NOW for a chance to win FIFTY 2024 American Silver Eagles! FREE SHIPPING for online orders of $100 or more.
LICINIUS II (Caesar, 317-324). Follis. Aquileia (3.35 gm),.Obv: LICINIVS IVN NOB CAES.Laureate and cuirassed bust right.;CONCORDIA AVGG NN / AQS.Concordia standing left, holding caduceus and cornuopia.
Licinius II, Follis, Thessalonica, AD 320, , Bronze, RIC:119, laureate, draped, cuirassed bust left, VOT V in two lines within wreath, star in badge at the top of the wreath. Mintmark TSEVI, LICINIVS IVN NOB CAES, CAESARVM NOSTRORVM
Follis (1⁄180) Currency. Solidus, Reform of Constantine ( AD 310/324 – 395) Composition. Bronze. Weight. 2.62 g. Diameter. 20.00 mm.
