Antoninianus - Gordian III CONCORDIA AVG; Concordia
240 yearSilver | - | - |
Issuer | Rome › Roman Empire (27 BC - 395 AD) |
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Emperor | Gordian III (Marcus Antonius Gordianus) (238-244) |
Type | Standard circulation coin |
Year | 240 |
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#280776 |
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Rarity index | 100% |
Reverse
Concordia, draped, seated left, holding patera in extended right hand.
Script: Latin
Lettering: CONCORDIA AVG
Translation:
Concordia Augusta.
Venerable harmony.
Comment
Source:Online Coins of the Roman Empire (OCRE)
Interesting fact
The Antoninianus coin was introduced by the Roman Emperor Caracalla in 215 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 set at 20% higher than the denarius, which meant that it was effectively a devaluation of the currency. This was done to pay for Caracalla's military campaigns and to alleviate the economic pressures caused by inflation. The coin was named after Caracalla's adoptive father, Antoninus Pius.