1/4 Siliqua In the name of Anastasius I and Theoderic, Sirmium, regular S with bust facing left

Sirmium — modern Sremska Mitrovica in Serbia — was among the most strategically contested cities in late antiquity, and the Gepids held it as their primary administrative center following the collapse of Hunnic hegemony. These fractional silver pieces occupy a strange constitutional position: issued by a Germanic king operating within, or at least gesturing toward, Roman imperial legitimacy by invoking Anastasius I on the coinage while Theoderic's Ostrogothic administration nominally governed Italy. The MEC I gap reference signals how poorly this series is understood in terms of die linkage and chronological sequencing.