As - Augustus CAESAVGVS II VIR CN DOM AMP C VET LANC

Caesaraugusta — modern Zaragoza — was founded as a Roman colony for veterans around 14 BC, its very name a conflation of Caesar and Augustus. The duoviri named on this issue, the magistrates responsible for its production, represent the local colonial government asserting its Roman identity through coinage at a moment when Augustus was consolidating provincial administration across Hispania. Colonial bronze issues like this one circulated purely within the local economy; Rome had no interest in standardizing small-denomination bronze across the provinces.

The RPC I.320 attribution places this firmly within a well-documented Caesaraugusta series struck under named magistrate pairs, a practice that ended within a generation.