Antoninianus - Gallienus VICT GAL AVG; Victory
| Silver | - | - |
| Issuer | Rome › Roman Empire (27 BC - 395 AD) |
|---|---|
| Emperor | Gallienus (Publius Licinius Egnatius Gallienus) (253-268) |
| Type | Standard circulation coin |
| Years | 260-268 |
| Value | Antoninianus (1) |
| Currency | Antoninianus, Reform of Caracalla (AD 215 – 301) |
| Composition | Silver |
| Shape | Round (irregular) |
| Technique | Hammered |
| Demonetized | Yes |
| Updated | 2024-10-05 |
| Numista | N#288864 |
|---|---|
| Rarity index | 100% |
Reverse
Three Victories, winged, draped, standing left.
Script: Latin
Lettering: VICT GAL AVG
Translation:
Victoria Gallieni Augusti.
Victory of emperor (Augustus) Gallienus.
Comment
Source:Online Coins of the Roman Empire (OCRE)
Interesting fact
The Antoninianus coin was introduced by the Roman Emperor Gallienus in 260 AD as a replacement for the denarius, which had been the standard Roman currency for centuries. The Antoninianus was made of silver, but its value was not based on the value of the metal it was made of, but rather on its official value, which was set by the Roman government. This means that the Antoninianus was not a commodity-based currency, but a fiat currency, which is a currency that has no intrinsic value but is instead backed by the government's promise to accept it as payment. This made it a precursor to modern fiat currencies, which are also not backed by any physical commodity but are instead backed by the government's promise to accept them as legal tender.