Antoninianus - Gallienus VICTORIA 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#289209 |
|---|---|
| Rarity index | 100% |
Reverse
Victory, winged, draped, standing left, attaching shield inscribed III to palm tree.
Script: Latin
Lettering: VICTORIA AVG
Translation:
Victoria Augusti.
Victory of the emperor (Augustus).
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 meant that the Antoninianus was not a commodity-based currency, but 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.