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Imperial landmarks

From Pertinax to Constantine, reign by reign.

Thirty-nine reigns, usurpers and co-emperors included. A few weeks in power sometimes leave more behind than a long reign: those summer reigns are the ones that survive today in a handful of specimens.

The Severans

193–235

A military dynasty born of civil war. The denarius loses half its silver, and Caracalla creates the antoninianus.

  1. Pertinax

    193Year of the five emperors

    Eighty-seven days in power. His whole coinage is rare, the aurei exceptional.

  2. Didius Julianus

    193Year of the five emperors

    Two months, after buying the throne from the praetorians. Very rare denarii.

  3. Septimius Severus

    193–211Severans

    The fineness of the denarius falls to around 50 per cent. Plentiful and inexpensive coinage, except from the eastern mints.

  4. Caracalla

    198–217Severans

    Introduces the antoninianus in 215: radiate bust, two denarii for one and a half times the weight. The first open debasement.

  5. Geta

    209–211Severans

    Co-emperor murdered by his brother, then struck by damnatio memoriae. Adolescent portraits, priced above contemporary Caracallas.

  6. Macrinus

    217–218Severans

    A praetorian prefect raised by the army. Fourteen months, limited coinage, often alongside his son Diadumenian.

  7. Elagabalus

    218–222Severans

    Priestly reverses tied to the solar cult of Emesa, distinctive and much in demand despite a four-year reign.

  8. Severus Alexander

    222–235Severans

    A long reign, with massive and affordable coinage. The last great cycle of sestertii before the crisis.

The military anarchy

235–284

Emperors made and unmade by the legions, secessions in Gaul and Palmyra, the collapse and then the reform of the silver coinage.

  1. Maximinus Thrax

    235–238Third-century crisis

    The first emperor risen from the ranks. Sestertii with a hard, highly characteristic portrait.

  2. Gordian I and Gordian II

    238Year of the six emperors

    Twenty days of African rule. Among the rarest imperial coinages of the period.

  3. Pupienus and Balbinus

    238Year of the six emperors

    Three months of joint rule imposed by the senate. Rare denarii and sestertii, with senatorial portraits.

  4. Gordian III

    238–244Third-century crisis

    The most accessible coinage of the third century. Sestertii still well struck, on broad flans.

  5. Philip the Arab

    244–249Third-century crisis

    The millennial issues of 248: an animal series, the most collected of the period.

  6. Trajan Decius

    249–251Third-century crisis

    The series of deified emperors was struck in his name. Died campaigning against the Goths.

  7. Trebonianus Gallus

    251–253Third-century crisis

    Antoniniani of irregular weight, often struck at Antioch. Plague and invasion.

  8. Aemilian

    253Third-century crisis

    Three months in power. Coinage from the Rome mint alone, and very rare.

  9. Valerian I

    253–260Third-century crisis

    Captured by the Persians at Edessa. Plentiful antoniniani, silver already much impoverished.

  10. Gallienus

    253–268Third-century crisis

    Monetary collapse: silver falls below 5 per cent. The series of protecting gods is abundant.

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  11. Postumus

    260–269Gallic Empire

    A Gallic usurper whose well-made coinage was struck at Cologne and Trier. Characteristic double sestertii.

  12. Victorinus

    269–271Gallic Empire

    The third Gallic emperor, murdered at Cologne. Plentiful antoniniani, often with traces of silvering.

  13. Tetricus I

    271–274Gallic Empire

    The last Gallic emperor, who surrendered to Aurelian at Châlons. Prolific coinage from Cologne and Trier, and many contemporary imitations.

  14. Tetricus II

    273–274Gallic Empire

    Caesar alongside his father Tetricus I. Antoniniani of reduced module from Cologne, at the end of the Gallic Empire.

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  15. Claudius II Gothicus

    268–270Third-century crisis

    Very common billon antoniniani, including the consecration issues struck after his death.

  16. Quintillus

    270Third-century crisis

    Brother of Claudius II, a few weeks in power. Rare coinage, mostly from Milan.

  17. Aurelian

    270–275Restoration

    The reform of 274: a silvered flan marked XXI. He reconquered the empire, hence the legend RESTITVTOR ORBIS.

  18. Tacitus

    275–276Restoration

    Six months in power. Good-quality aureliani from the mints of Lyon, Rome and Ticinum.

  19. Florian

    276Restoration

    Eighty days. Brother of Tacitus, with a short and rare coinage.

  20. Probus

    276–282Restoration

    A great variety of busts and mint marks. A field for collecting by officina rather than by type.

  21. Carus

    282–283Restoration

    A reign of one year, ending in Persia. Aureliani struck in most of the western mints.

  22. Carinus and Numerian

    283–285Restoration

    Sons of Carus, with brief and competing reigns. Scarce coinage, often poorly struck.

The Tetrarchy

284–305

Diocletian divides the empire between two Augusti and two Caesars, restores fine silver and reorganises the mints from London to Antioch.

  1. Diocletian

    284–305Tetrarchy

    The reform of 294: fine silver returns. The argenteus, struck for only a few years, remains rare.

  2. Maximian

    286–305Tetrarchy

    Nummi from the western mints, often with traces of original silvering. Reverse GENIO POPVLI ROMANI.

  3. Constantius Chlorus

    293–306Tetrarchy

    Caesar then Augustus of the West, father of Constantine. Nummi from Trier and London.

  4. Galerius

    293–311Tetrarchy

    Large-module nummi from the Danubian mints. A persecutor, then author of the edict of toleration of 311.

The Constantinians

306–337

Twenty years of civil war before sole rule. The solidus takes hold for seven centuries and the capital moves east.

  1. Severus II

    306–307Tetrarchy

    One year amid the tetrarchic civil war. Rare nummi, mostly from Aquileia and Rome.

  2. Maxentius

    306–312Civil wars

    Master of Rome, defeated at the Milvian Bridge. Nummi with the temple of Roma, instantly recognisable.

  3. Maximinus Daia

    310–313Civil wars

    The last eastern tetrarch. Nummi from Antioch and Nicomedia, of declining module.

  4. Licinius

    308–324Civil wars

    Colleague then rival of Constantine for sixteen years. Plentiful nummi, often of small module after 318.

  5. Constantine I

    306–337Constantinians

    Creates the solidus in 310, a money of account for seven centuries. Abundant late nummi, of widely varying module.

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See the coins available