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Postumus: double sestertius - a significant coin in Roman numismatics
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Postumus: double sestertius - a significant coin in Roman numismatics
This is a brass double sestertius issued by the emperor Postumus 260-269.
It shows the radiate, draped and cuirassed bust of Postumus facing right.
IMP C M CASS LAT POSTVMVS P F AVG
Rev. LAETITIA The reverse shows a small galley (navis lusoriae) with four oarsmen rowing to left above waves.
This is a rare variety with an unusual depiction of a Roman galley The
double sestertius was a large Roman coin made of orichalcum (brass)
first issued by Trajan Decius in AD 249–251, as a response to the
inflationary pressures of the time which had devalued the buying power
of the conventional sestertius. In reality the new coin was little
bigger than the traditional sestertius, which by then was being
manufactured at a lower weight and smaller size than it had originally
been, and was not a success. The new coin
fell out of use but was revived by the rebel emperor Postumus (259–268),
who ruled a breakaway empire consisting of Britain, Gaul and parts of
Germany, and was keen to associate his regime with a reformed coinage
system. Postumus issued his own version of the double sestertius, often
taking very worn old sestertii and using these to overstrike his own
portrait and legends on, probably because of a shortage of metal. After
his reign, the Roman coinage system degenerated further with almost the
only circulating pieces being very debased double-denarius coins, known
to us as antoniniani or 'radiates' (from the use of the radiate crown).
Older coins like the sestertius soon dropped entirely out of use, with
many being melted down to create new radiates. By the fourth century AD
even these had been discontinued and an entirely new coinage system had
been created. From my own collection
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Price: 235 GBP
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