(sold for $22500.0)
Constantine I, the Great, AD 307-337. Gold Solidus (4.29 g) minted at Trier, c. AD 310-313. Laureate head right of Constantine I. Reverse: Victory left, holding wreath and palm branch. RIC VI, 819 [as R4]; Depeyrot 55, 17/10. A couple light, insignificant hairline scratches on obverse. Lustrous and boldly struck — a jewel. Superb, Virtually Mint State. This extremely rare coin weighs the proper amount for a solidus, which was initiated around AD 310. On these early issues of this reformed denomination, the coins look more like the Tetrarchal aurei. Later in Constantine's reign they become flatter and broader. An historically important coin for Constantine's monetary reform, the solidus was equivalent to 24 siliquae, which was a similar piece, metrologically speaking, to Diocletian's argentei. The siliqua also became flatter and thinner, and eventually lighter. Estimated Value $15,000-UP. Ex New York Sale Auction XXIII (6 I 10), lot 242. Categories: Ancient Coins
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