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AR23 - Antoninus Pius L ΔωΔΕΚΑΤΟΥ
| Issuer | Alexandria (Egypt) |
|---|---|
| Year | 148-149 |
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| Shape | Round (irregular) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Greek |
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| Reverse lettering | L ΔωΔΕΚΑΤΟΥ |
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| Additional information |
Alexandria's billon tetradrachms were struck to a deliberately debased standard kept separate from Rome's silver coinage, allowing the imperial administration to maintain a closed currency system in Egypt — coins entered the province and were reminted, but none left legally. The regnal year inscription ΔωΔΕΚΑΤΟΥ places this piece in year 12 of Antoninus Pius, a reign so administratively stable that ancient sources struggled to find drama in it.
The billon content by this period had dropped well below 25% silver, a slow degradation that had begun under Nero's provincial reforms a century earlier.