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Roman Denarius A.D. - Currency Numismatics,
Denarius          
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Everything For The  Detectorist
Tiberius 14-37 AD

Denarii of Tiberius are very popular items mostly due to the Biblical connection. For a coin so popular, there are still a few matters that are hard to resolve. First there is the question of exactly what is shown on the reverse. The seated female is usually identified as Livia, mother of Tiberius and wife of Augustus dressed as Pax. In all honesty, I have never understood the reasoning behind that identification. The legend lists the title Pontifex Maximus which was held by Emperors until the coming of Christianity in the 4th century. The obverse legend names Tiberius as Augustus and son of the Divine Augustus. As only the second Roman Emperor, Tiberius would have been most concerned with establishing his proper right to succeed Augustus as Emperor.

Tribute Pennies come in a wide variety of styles and show a few minor varieties recognized by collectors. These include the decoration of the chair legs, presence of a footstool and whether Pax holds a rod or an inverted spear. Considering the long period of time these coins were issued, these are very minor points. Some of the coins are of fine style; others border on the barbaric. We previously featured a very barbarous Tribute Penny from India . Whether all of the 'regular' issues were produced at the main mint (then at Lugdunum) or if there were branch mints is not clear to me. The coins are readily available in all conditions and bring a strong price in spite of their being common. I recall once seeing a bag of nearly a thousand in the possession of a dealer. Remember our lesson from last week : Price is a factor of popularity and demand, not rarity.
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