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Æ34 - Antoninus Pius L ΕΝΑΤΟΥ
| Issuer | Alexandria (Egypt) |
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| Year | 145-146 |
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| Composition | Bronze |
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| Obverse description | Laureate, draped bust of Antoninus Pius facing right, with beard rendered in fine detail. The imperial effigy is portrayed in the Antonine style characteristic of Alexandrian provincial coinage, with the laurel wreath tied at the nape of the neck. A circular Greek legend surrounds the bust within the field, reading the emperor's full titulature. The portrait exhibits the mature, bearded likeness conventional for Antoninus Pius on Egyptian provincial issues. |
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| Reverse description | Nilus, the personification of the Nile River, reclining left upon the ground, his body semi-draped. He holds a cornucopia from which a small Genius emerges bearing a wreath; in his other hand he holds a reed. A crocodile is depicted beside him, emblematic of the Nile. The regnal year numeral ΙϚ (year 9) appears in the field above or to the left, and water-plants are rendered in the exergue below. |
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The regnal year designation "L ΕΝΑΤΟΥ" — year nine of Antoninus Pius — places this issue in 145/146 AD, a period of relative administrative calm in Egypt. Alexandria's municipal bronze coinage operated under a closed currency system: Roman denarii did not circulate freely in Egypt, forcing all exchange through locally produced coin, which gave the Alexandria mint unusual volume and continuity compared to provincial mints elsewhere in the empire.
Æ34s of this reign are among the larger module issues from the Alexandrian series, produced when the mint was running at high capacity to supply a province of roughly five million people.