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Postumus: double sestertius - a significant coin in Roman numismatics
Postumus: double sestertius - a significant coin in Roman numismatics Postumus: double sestertius - a significant coin in Roman numismatics
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Postumus: double sestertius - a significant coin in Roman numismatics

This is a brass double sestertius issued by the emperor Postumus 260-269.
It shows the radiate, draped and cuirassed bust of Postumus facing right. 
IMP C M CASS LAT POSTVMVS P F AVG
Rev. LAETITIA  The reverse shows a small galley (navis lusoriae) with four oarsmen rowing to left above waves. 

This is a rare variety with an unusual depiction of a Roman galley

The double sestertius was a large Roman coin made of orichalcum (brass) first issued by Trajan Decius in AD 249–251, as a response to the inflationary pressures of the time which had devalued the buying power of the conventional sestertius. In reality the new coin was little bigger than the traditional sestertius, which by then was being manufactured at a lower weight and smaller size than it had originally been, and was not a success.

The new coin fell out of use but was revived by the rebel emperor Postumus (259–268), who ruled a breakaway empire consisting of Britain, Gaul and parts of Germany, and was keen to associate his regime with a reformed coinage system. Postumus issued his own version of the double sestertius, often taking very worn old sestertii and using these to overstrike his own portrait and legends on, probably because of a shortage of metal. After his reign, the Roman coinage system degenerated further with almost the only circulating pieces being very debased double-denarius coins, known to us as antoniniani or 'radiates' (from the use of the radiate crown). Older coins like the sestertius soon dropped entirely out of use, with many being melted down to create new radiates. By the fourth century AD even these had been discontinued and an entirely new coinage system had been created.

From my own collection






Price: 235.00 GBP

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