EGYPT Aurelian 270-275 AD tetradrachm year 6 (275 AD)

$25.00

EGYPT, Aurelian, 270-275 AD, tetradrachm, year 6 (275 AD), Alexandria mint, Obverse: laureate bust R, A K Λ ΔOM AVΡHΛIANOC CEB, Reverse: eagle standing L, head R, wreath in beak, ETOYC S, billon, 20mm, 7.8g, E3923, F

Out of stock

SKU: 3012567 Categories: , Tags: ,

Description

The coinage of Roman Egypt was entirely fiat based. The tetradrachm was not worth a tetradrachm, the drachms were not worth a drachm.

Aurelian was a general, possibly involved in the murder of Gallienus. Acclaimed by his troops, he proceeded to vanquish other rival generals, defeat barbarians, build a larger wall around Rome, defeat the breakaway Emperors in Gaul and Palmyra, and reunite the Empire. He reformed and standardized the coinage as well.

During the early centuries of the Roman Empire Egypt was considered the personal property of the Emperor. There was a tendency to run it as an extractive business in which profits were not reinvested. The coinage was debased to keep it in the country and to make it harder for the populace to make a living. The reference we use on this web site for coins of Roman Egypt is Alexandrian Coins, by Keith Emmett.

The Romans, as they were building their empire, preferred to let the local coinage arrangements remain in place. As they developed their political system into the Cult of Personality that was the Empire, they started putting imperial portraits on the local coins. Later, as the Empire began to shrink, they preferred to centralize their coinage operations, eliminating local control. There were also allied and client states, some of which, at times, issued coins celebrating the alliance or subservience.

Ancient Coins includes Greek and Roman coins and those of neighbors and successors, geographically from Morocco and Spain all the way to Afghanistan. Date ranges for these begin with the world’s earliest coins of the 8th century BC to, in an extreme case, the end of Byzantine Empire, 1453 AD.