Æ33 - Antoninus Pius L Γ

Year three of Antoninus Pius's reign — designated by the regnal date L Γ on these Alexandrian issues — fell early enough that the new emperor was still consolidating the administrative inheritance left by Hadrian, who had only died in July 138. The Alexandria mint under Roman rule operated on a distinct Egyptian calendar year running from late summer, meaning this coin's production window was narrow.

Alexandrian bronze of this size circulated locally within Egypt, which functioned as a closed monetary system; coins from the imperial Roman mint did not legally circulate there, and Egyptian issues were not exported.