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Antoninianus - Diocletianus PAX AVGG, Pax

Issuer Roman Imperial Mint
Year 290-292
Type Standard circulation coin
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Obverse lettering IMP DIOCLETIANVS P AVG
(Translation: Imperator Diocletianus Pius Augustus. Supreme commander (Imperator), Diocletian, the pious, emperor (Augustus).)
Reverse description The goddess Pax stands facing left in long flowing robes, holding an olive branch in her extended right hand and a sceptre in her left hand. She is depicted in a serene, static pose characteristic of Tetrarchic reverse iconography. The mint mark letter C appears in the exergue, with additional officina marks distributed in the fields. The surrounding Latin legend PAX AVGG is separated from the central type by a beaded border.
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Additional information

Diocletian's currency reform narrative is usually pinned to the 294 AD coinage overhaul, but these billon antoniniani from the early 290s document the system he was actively trying to replace — debased, inconsistent, and struck at multiple mints operating with frustrating autonomy. RIC V.2 #66C places this issue at a specific mint within that chaotic pre-reform window, just years before Diocletian imposed the most sweeping monetary reorganization Rome had seen in generations.

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