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1/2 Siliqua In the name of Anastasius I, Mediolanum/Milan

Issuer Ostrogothic Kingdom
Year 491-501
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Currency Tremissis (490-553)
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Obverse description Diademed and draped bust of Emperor Anastasius I facing right, rendered in a stylized late antique manner characteristic of Ostrogothic coinage struck in the name of the Byzantine emperor. The diadem is depicted with a row of pellets, and the imperial mantle is visible at the shoulder. A beaded border surrounds the field. The portrait, while following the imperial iconographic tradition, displays the slightly schematic execution typical of Mediolanum workshop production of this period.
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Obverse lettering D N ANAS - TASIVS P AVC
(Translation: Dominus Noster Anastasius Perpetuus Augustus Our Lord, Anastasius, perpetual August)
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Theoderic the Great struck coinage in the name of the reigning Eastern emperor as a deliberate assertion of legitimacy — he ruled Italy as the emperor's surrogate, at least in theory, and the coinage reflected that careful fiction. These Milan-struck half siliquae belong to the decade before relations with Constantinople began to sour, when Theoderic was still Anastasius's man in the west. The Milan mint had been administratively significant since Diocletian's reorganization and remained active under Ostrogothic control.

At 0.73g, these pieces circulated at roughly half the weight of a standard siliqua, filling a genuine transactional gap in daily silver exchange.

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