As - Tiberius V V OSCA II VIR QVIETO ET PEREGRINO

Osca, the Romanized Iberian city in the upper Ebro valley, maintained municipal coining rights well into the Tiberian period — one of the last Hispanian mints still producing bronze under local magistrates rather than imperial authority. The duoviri named on this piece, Quieto and Peregrino, are attested nowhere outside the coin record itself.

Municipal mints across Hispania Tarraconensis were systematically wound down during Tiberius's reign as Rome consolidated monetary production. Osca's issues represent the tail end of that tradition.