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AR24 - Hadrian ΕΤ ΕΝΑΤ

Issuer Alexandria (Egypt)
Year 124-125
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Diameter 24 mm
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Obverse description Laureate, draped, and cuirassed bust of Emperor Hadrian facing right, seen from behind, with the paludamentum visible over the left shoulder. The imperial effigy is rendered in the characteristic Alexandrian provincial style, with finely detailed hair curls beneath the laurel wreath. The surrounding Greek legend reads ΑΥΤ ΚΑΙ - ΤΡΑΙ ΑΔΡΙΑ ϹΕΒ, identifying the emperor by his titles Autocrator, Caesar, Traianus Hadrianus, Sebastos.
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Reverse description Standing figure of Dikaiosyne (personification of Justice) depicted frontally with head turned to the left, clad in a long chiton and himation. She extends a pair of scales in her right hand and holds a cornucopia in her left arm, both attributes emblematic of equity and abundance. The Greek date legend ΕΤ ΕΝΑΤ, meaning 'Year Nine' of Hadrian's reign, appears in the field, confirming the issue to the Alexandrian regnal year 124–125 AD. A dotted border is visible on the reverse.
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Year nine of Hadrian's reign in Egypt — the ΕΤ ΕΝΑΤ date formula — falls squarely within the period of his famous eastern tour, during which he visited Alexandria in 130 AD. The Alexandrian mint operated under a separate monetary system from the rest of the empire, issuing tetradrachms denominated in local currency that never circulated beyond Egypt's borders, a deliberate containment of the province's coinage that Rome maintained without interruption from Augustus onward.

The billon content of these tetradrachms had already begun its long degradation from the relatively pure silver of early imperial issues.

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