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1 Aureus - Imitating Diocletian, 284-305

Issuer Uncertain Germanic tribes
Year 284-325
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Reference(s) Calicó Hisp#cf. 4482
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Obverse script Latin
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Reverse lettering N8[...]NBDED LOH
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Additional information

Barbarian imitations of Roman aurei are rarely precise forgeries — they are more often expressions of Roman monetary prestige filtered through non-Roman hands. This piece imitates Diocletian's coinage, a ruler who reorganized the entire Roman currency system with his ill-fated Edict on Maximum Prices in 301 AD and the introduction of the reformed aureus at a theoretical 60 to the pound. Germanic tribes along the Rhine and Danube frontiers accumulated Roman gold through payment, plunder, and subsidy, then reproduced it locally — not to deceive Roman merchants, but to move value within their own networks.

The Calicó Hispania reference is comparative, not exact, which is typical of this class.

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