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Carmo — modern Carmona, in the Guadalquivir valley — was among the most strategically significant towns in Hispania Ulterior, and its bronze coinage was struck during a period when Roman administrative control over southern Iberia was still being consolidated after the Lusitanian and Celtiberian wars. Local Iberian mints like Carmo operated with considerable autonomy, issuing civic bronze that circulated regionally rather than feeding Roman fiscal infrastructure directly.

The ACIP 2401 attribution places this piece within the sequence established by Villaronga and Benages, where Carmo's issues are distinguished by their Iberian script legends — among the better-documented epigraphic evidence for the Turdetanian writing system.