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AR19 - Diocletian L Γ

Issuer Alexandria (Egypt)
Year 294-295
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Weight 6.97 g
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Obverse script Greek
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Reverse description The emperor stands facing left in military attire, holding a Nike (Victory) figurine in his extended left hand and an upright spear in his right hand. Two seated captives flank him on either side: the captive to the left is depicted with long flowing hair, while the captive to the right wears a Phrygian cap, symbolizing subdued barbarian peoples. The reverse field bears the Alexandrian regnal year date L Γ (Year 3) in Greek numerals, corresponding to 294–295 AD.
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Year three of Diocletian's reign in Egyptian reckoning corresponds to a period of intense administrative restructuring. His currency reform of 296 AD was still two years away, making this issue part of the collapsing pre-reform billon coinage that Diocletian himself would soon deem unacceptable — the very monetary disorder that motivated the Edict on Maximum Prices in 301. The Alexandria mint remained one of the most prolific in the eastern empire, operating as a closed currency system where provincials were required to exchange foreign coin at official rates.

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