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Antoninianus - Maximianus PAXX AVGG, Pax

Issuer Roman Imperial Mint
Year 289-294
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Currency Antoninianus, Reform of Caracalla (AD 215 – 301)
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Reverse description The personification of Pax (Peace) depicted standing to the left, draped in flowing robes, her figure rendered in the graceful allegorical tradition of late Roman coinage. She extends her right hand forward to present a small Victory standing on a globe, while her left hand grasps an upright vertical sceptre. The reverse legend encircles the figure along the beaded rim, with the mintmark appearing in the exergue.
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Reverse lettering PAXX AVGG -/-//S
(Translation: Pax Duorum Augustorum. Peace of the two emperors (Augusti).)
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Additional information

The PAXX AVGG reverse type — "the peace of the two Augusti" — was struck during the period of the First Tetrarchy's precursor arrangement, when Diocletian and Maximianus ruled as co-emperors before the formal tetrarchic system was established in 293. The legend is propagandistic in the most direct sense: the empire had seen a string of short-reigning soldier-emperors, and projecting dynastic stability between two living rulers was itself a political act.

RIC V.2 403F places this among the antoniniani struck at the Cyzicus mint during a transitional phase in Roman silver coinage — a denomination already debased well below its original silver content by this date.

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