Æ24 - Caracalla COL AVG TROAD

Alexandria Troas was a Roman colony — Colonia Augusta Troadensis — established under Augustus, which gave the city the unusual right to mint coins using Roman colonial conventions rather than Greek civic types. That colonial status is precisely why this issue exists: the city maintained active bronze production through the Severan period partly to fund and advertise its status as a Roman foundation in a predominantly Greek provincial region. Caracalla's reign saw a broad surge in colonial mint activity across Asia Minor, much of it tied to the fiscal disruptions following his father Septimius Severus's eastern campaigns.