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AR19 - Diocletian L Ι

Issuer Alexandria (Egypt)
Year 294-295
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Diameter 19 mm
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Obverse description Laureate, draped, and cuirassed bust of Maximian facing right, seen from the rear, with the imperial effigy rendered in the provincial Alexandrian style. The obverse legend ΜΑΞΙΜΙΑΝΟϹ ϹΕΒ (Maximianus Sebastos) encircles the bust in Greek script, identifying the emperor by his Hellenized title. The portrait exhibits the characteristic strong features associated with Tetrarchic imperial imagery, with visible folds of drapery at the shoulder.
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Mintage ND (294-295)
Additional information

Year 10 of Diocletian's reign — marked by the "L Ι" regnal date — falls immediately before his sweeping coinage reform of 296 AD, which abolished the Alexandrian tetradrachm series entirely after roughly 530 years of continuous production. This piece is among the last issues of that long tradition. The reform replaced the old billon tetradrachms with a standardized imperial coinage, ending Egypt's status as a closed monetary system where coins from the rest of the empire could not legally circulate.

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