Antoninianus - Diocletianus PAX AVGG, Pax

Diocletian's monetary reforms of 294 AD overhauled a coinage system that had collapsed under decades of debasement — the antoninianus itself had fallen from a nominal billon coin to little more than a bronze piece with a thin silver wash. This issue predates the full reform, placing it in the final years of the old system before the introduction of the nummus effectively retired the denomination entirely.

RIC V.2 #70C is a scarce variant within the type. The OCRE reference confirms limited die survival across recorded specimens.