Antoninianus - Maximianus PAX AVGG, Pax

Maximianus issued heavily during the early Tetrarchic period as part of Diocletian's deliberate propaganda program — the PAX AVGG legend invoking peace in the plural precisely because two Augusti now shared rule. The coinage was a political statement before it was a monetary object, broadcasting the fiction of harmonious co-rule to every corner of the empire.

The antoninianus itself was in terminal decline by this point, its silver content degraded so far from its third-century origins that "silver" is largely a courtesy description for the thin surface wash over a base core.