Æ23 - Caracalla COL ALEXA AVG

Alexandria Troas was a Roman colony established under Augustus and refounded under Constantine, but its colonial coinage — struck continuously through the Severan period — reflects an unusual municipal pride in that colonial status. The COL ALEXA designation on issues like this one was not merely administrative shorthand; it was a deliberate assertion of Roman identity by a city that had once been seriously considered by Julius Caesar as a potential capital of the empire.