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1/2 Siliqua In the name of Anastasius I, Sirmium, large bust with bumpy back and SRM

Issuer Gepid Kingdom
Year 493-526
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Currency Siliqua (491-567)
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Reverse description The mint signature SRM (for Sirmium) rendered in large, bold characters between two horizontal lines occupying the central field of the reverse, with the surrounding legend VICTORIA AVGGG distributed around the periphery. The monogram-like presentation of the mint name is a hallmark of Gepid half-siliquae struck at Sirmium in imitation of contemporary Byzantine coinage. The overall design is bold and legible despite the irregular flan, with the horizontal bar arrangement giving the reverse a distinctive graphic quality.
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Mintage ND (493-526) SRM
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The Gepids occupied Sirmium following the collapse of Attila's empire, and their coinage in this period operated entirely within the fiction of Roman legitimacy — striking silver in the name of the reigning Eastern emperor rather than asserting any independent identity. Anastasius I, who ruled Constantinople from 491 to 518, provided that convenient authority. The "bumpy back" bust variant is a localised die characteristic specific to the Sirmium mint under Gepid control, distinguishing it from contemporary imperial issues and confirming local production rather than redistribution of Byzantine coinage.