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Æ24 - Augustus L ΜΒ

Issuer Alexandria (Egypt)
Year 12-13
Type Standard circulation coin
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Obverse script Greek
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Edge Plain
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Additional information

Year 42 of Augustus's reign over Egypt — reckoned from 30 BC when Octavian took the province as personal imperial property rather than allowing it to pass to the Senate — places this issue squarely in the final months before his death in 14 AD. Egypt's mint at Alexandria operated on a closed currency system, meaning these bronzes circulated only within the province and were demonetized at the border, effectively making the Alexandrian coinage a captive monetary pool answerable solely to the emperor.

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