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AR25 - Trajan L ΙΑ

Issuer Alexandria (Egypt)
Year 107-108
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Weight 11.50 g
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Obverse script Greek
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Reverse description Draped bust of Nilus facing right, the deity crowned with a taenia and lotus buds, with a reed at the shoulder symbolising the river's reedy banks. Before the bust appears a cornucopia, an emblematic attribute of Nilus representing the abundance and fertility brought by the annual Nile flood. The regnal date L ΙΑ (Year 11) appears in the field, corresponding to the eleventh year of Trajan's reign in the Alexandrian calendar, equivalent to 107–108 AD. The reverse composition is characteristic of Alexandrian provincial coinage celebrating the prosperity of Egypt under Roman imperial rule.
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Year 11 of Trajan's reign in Egypt fell during the period immediately following the First Dacian War, when the imperial administration was reorganizing provincial finances to fund the second campaign. Alexandria's mint operated under tight Roman supervision, producing tetradrachms to a billon standard that had been progressively debased since Nero's currency reform of 64 AD — by Trajan's time, the silver content had fallen well below 20%.

The Alexandrian coinage circulated exclusively within Egypt, legally prevented from leaving the province under Rome's closed monetary system.

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