Æ25 - Antoninus Pius L Β

Antoninus Pius's first Egyptian regnal year coinage — struck immediately after Hadrian's death in July 138 — was produced under a provincial mint system that operated on a calendar running from the Egyptian new year in late August, meaning the L Β ("year 2") designation appeared almost immediately after L Α issues, within months of his accession. Alexandria's bronze output during these early Antonine years was substantial, serving a province whose monetized economy depended heavily on base-metal coinage for daily transactions along the Nile trade routes.