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First Coin Of The New Year

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bobbyhelmet's Avatar
United Kingdom
2838 Posts
 Posted 01/04/2013  08:40 am Show Profile   Bookmark this topic Add bobbyhelmet to your friends list Get a Link to this Message Number of Subscribers
So why would a proud bottom feeder spend $35 on this piece of crap?
First-Coin-Of-The-New-Year
IMP LICINIVS PF AVG
GENIO POPV-LI ROMANI - RS?
Minted 312-313AD in Rome

Coins of Licinius are common and so are coins with the reverse legend GENIO POPVLI ROMANI, about 4000 types are known! However, combine these two elements on one coin what you get is something rarer than you might think.

I've been looking for one of these for about 12 months, for the last 6 months pretty religiously (after this thread: https://goccf.com/t/120305&SearchTerms=Licinius) using half a dozen different search terms on ebay, Vcoins and a couple of other sites.

In all that time I found nothing, about 10 different variations of these were made at Rome but none are shown on Wildwinds, none on acsearch, none on numisology.com, none on Beastcoins, infact I cant find a single picture of one of these coins anywhere on the web, strange considering RIC classifies them as 'common' and its very unusual to not be able to find 'common' coins

If anyone does know of any examples online I would like to see them

So why is it rare? Well, Licinius was technically Augustus of the Western Empire in 308, Galerius chose him personally. Unfortunately Maxentius had not read the script and decided to claim much of it for himself, Constantine having the rest. Licinius had to make do with parts of the Eastern Empire until Constantine defeated Maxentius and took the whole of the Western Empire including Rome for himself. Licinius did not get his lands back but Constantine minted the above coins in his name in Rome.

This arrangement only lasted about a year before Constantine and Licinius went to war with each other in 314AD. This quoted from numisology.com also hints at this reverse legend being usurped for propaganda in the case of Licinius, again adding to the difficulty of finding one.


Quote:
Licinius' appointment in 308 as Augustus for the Western half of the empire was not recognized by Constantine, who controlled the mints in Britain and Gaul, nor by Maxentius, who controlled the mints in Italy and Carthage. As a result, the earliest issues of coins in Licinius' name were struck in Siscia- - "the only mint actually controlled by Licinius- - "and the other eastern mints controlled by Galerius and Maximinus II.



Quote:
These first post-Carnuntum issues from the eastern mints represented a subtle thematic shift: instead of celebrating GENIO POPVLI ROMANI ("the Genius of the Roman People"), these coins had reverse legends of GENIO AVGVSTI, GENIO CAESARIS, or GENIO IMPERATORIS, celebrating the genius or creative spirit of the emperors themselves. These legends represented the policies of Galerius. When Galerius died in 311 and Licnius took over his Balkan territories and mints, all of the mints in his control began striking the IOVI CONSERVATORI reverse types that became his standard type for the rest of his reign.



Quote:
The first western coins to recognize Licinius were not struck until 310, when the alliance between Constantine and Maximianus/Maxentius had broken down and Maximianus was executed. These coins were struck by Constantine in Londinium and Treveri. Maxentius never struck any coins in Licinius' name, but after Constantine defeated Maxentius in 312, he forged an alliance with Licinius and from that time, coins of Licinius were struck in all of Constantine's mints.


This is the only example I had before today:
First-Coin-Of-The-New-Year


I guess I've only upgraded from 'ugly' to 'poor' but I'm happy enough

Valuable? No. Rare? I think so and the web agrees but RIC does not. Interesting? I hope so.
Edited by bobbyhelmet
01/04/2013 08:47 am
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echizento's Avatar
United States
23731 Posts
 Posted 01/04/2013  08:54 am  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
Did not know the history about this coin, now that I do I'll be on the lookout for one. I don't think the coin is ugly, just well circulated. Nice find Bobby and a nice addition to your collection.
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Ancientnoob's Avatar
United States
5155 Posts
 Posted 01/04/2013  08:55 am  Show Profile   Bookmark this reply Add Ancientnoob to your friends list Get a Link to this Reply
Bobby- what a strange phenomenon. A decent coin non-the-less. Be very proud to have it in your collection.
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bobbyhelmet's Avatar
United Kingdom
2838 Posts
 Posted 01/04/2013  08:59 am  Show Profile   Bookmark this reply Add bobbyhelmet to your friends list Get a Link to this Reply
Thanks guys, was really happy when I found it this morning


Quote:
what a strange phenomenon


This describes it perfectly a very common Emperor and a very common reverse that somehow only met briefly on coins of the day.
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Bing's Avatar
United States
4253 Posts
 Posted 01/04/2013  09:16 am  Show Profile   Bookmark this reply Add Bing to your friends list Get a Link to this Reply
Interesting. And congratulations on finding and obtaining it. This deserves a few dancing fruit. and possibly a banana or two
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1315 Posts
 Posted 01/04/2013  09:30 am  Show Profile   Bookmark this reply Add Doucet to your friends list Get a Link to this Reply
Congratulations!
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VisigothKing's Avatar
United States
4778 Posts
 Posted 01/04/2013  09:36 am  Show Profile   Bookmark this reply Add VisigothKing to your friends list Get a Link to this Reply
I'm guessing you don't need the "ugly" example anymore, right?

Interesting pickup!
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TJsCoins's Avatar
United States
3229 Posts
 Posted 01/04/2013  10:40 am  Show Profile   Bookmark this reply Add TJsCoins to your friends list Get a Link to this Reply
That is awesome BH!
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jessvc1's Avatar
United States
2596 Posts
 Posted 01/04/2013  10:58 am  Show Profile   Bookmark this reply Add jessvc1 to your friends list Get a Link to this Reply
Nice I have been looking for this licinius reverse but still havent found it. good find!
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chrsmat71's Avatar
United States
4964 Posts
 Posted 01/04/2013  11:59 am  Show Profile   Bookmark this reply Add chrsmat71 to your friends list Get a Link to this Reply
interesting BH, wouldn't have thought that would be rare.

but not ugly, i'd give that one a home even if I didn't know it's story.
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Masis's Avatar
United Kingdom
946 Posts
 Posted 01/04/2013  12:35 pm  Show Profile   Bookmark this reply Add Masis to your friends list Get a Link to this Reply
Great find!
Rare coins should not be expected to be found in perfect condition.
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Windchild's Avatar
Canada
1411 Posts
 Posted 01/04/2013  12:38 pm  Show Profile   Bookmark this reply Add Windchild to your friends list Get a Link to this Reply
with Chrsat...

It's not ugly... just worn!
Pillar of the Community
United States
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 Posted 01/04/2013  2:51 pm  Show Profile   Bookmark this reply Add Doucet to your friends list Get a Link to this Reply
Good thing you saw it before I did.
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 Posted 01/04/2013  2:55 pm  Show Profile   Bookmark this reply Add augustus1 to your friends list Get a Link to this Reply
Apparently most Roman coin collectors start out collecting obverse portrait types. It signals a significant advance when you know enough about the emperor to want a particular reverse type. Filling in the story makes the coin much more interesting. Thanks, Bobby!
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bobbyhelmet's Avatar
United Kingdom
2838 Posts
 Posted 01/05/2013  1:06 pm  Show Profile   Bookmark this reply Add bobbyhelmet to your friends list Get a Link to this Reply
Thanks for all the nice comments guys

Interestingly having spent another 'shift' checking the net for other examples of this coin I did finally find one!

First-Coin-Of-The-New-Year


Hopefully the owner wont mind me sharing it in this environment if I link to his site:

http://capitolinecoins.com/index.html

Interestingly all three examples seem to be from workshop 4.
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DVCollector's Avatar
United States
10045 Posts
 Posted 01/06/2013  10:51 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
A real interesting post--and congrats! I have a lot to learn before I can spot coins like this.
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