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Æ19 - Augustus L ΛΘ

Issuer Alexandria (Egypt)
Year 9-10
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Composition Bronze
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Obverse description Draped bust of Livia facing right, rendered in the Alexandrian provincial style with hair elaborately dressed and gathered at the nape. The portrait exhibits the characteristic idealised treatment of Julio-Claudian imperial women as issued by the Alexandrian mint, with drapery visible at the truncation of the bust. The field is otherwise plain and devoid of legend.
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Reverse description A prominent oak wreath, tied at the base with a bow, encircles the central field in which the Regnal year date is inscribed in two lines. The wreath is rendered with carefully detailed individual leaves and acorns, a hallmark of Alexandrian civic coinage of the Augustan period. The date legend L ΛΘ (Year 39 of Augustus) is boldly struck within the wreath and clearly legible.
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Additional information

Year 40 of the Augustan era in Alexandria corresponds to 9–10 AD, placing this issue near the very end of Augustus's reign — he died in 14 AD. Egypt occupied a singular administrative position under Rome: treated as the emperor's personal property rather than a senatorial province, governed by a prefect of equestrian rank specifically to prevent any senator from controlling its grain supply and using it as leverage.

Alexandrian bronzes of this period were fiduciary tokens in a closed currency system — Roman coins did not circulate freely in Egypt, and Egyptian coins could not legally leave the province.

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