Antoninianus - Gallienus (VICT GALL AVG; Victory) (260-268) front Antoninianus - Gallienus (VICT GALL AVG; Victory) (260-268) back
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Antoninianus - Gallienus VICT GALL AVG; Victory

 
Silver - -
Description
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
References
Numista
N#288868
Rarity index
100%

Reverse

Victory, winged, draped, walking left, holding wreath in right hand and palm in left hand.

Script: Latin

Lettering: VICT GALL 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 contained, but rather on its official value as set by the Roman government. This means that the Antoninianus was not a commodity-based currency, but rather a fiat currency, with its value determined by the state. This was a significant innovation in currency design and paved the way for modern fiat currencies.