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Aureus - Octavian IMP CAESAR, Victory

Issuer Roman Empire (27 BC - 395 AD)
Year 29 BC - 27 BC
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Weight 7.8 g
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Reverse description The goddess Victory stands facing, nearly full figure, balanced atop a globus (orb symbolizing world dominion) at the lower center of the field. She is winged, draped in a short chiton, and holds a wreath in her extended left hand while a palm frond rests in her right. Above her head she supports a military trophy or vexillum standard. The divided legend IMP to the left and CAESAR to the right flanks the central figure in the open field, rendered in bold Roman capitals.
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Reverse lettering IMP CAESAR
(Translation: Supreme commander (Imperator) and Caesar.)
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Additional information

Struck in the narrow window between Octavian's final military victories — the defeat of Antony and Cleopatra in 31 BC and the formal settlement of the principate in 27 BC — this aureus belongs to a transitional issue produced while the future Augustus was still consolidating sole power. The coins of this precise period were minted in enormous quantities, partly to pay veterans, and the gold sourced significantly from the treasure of the Ptolemaic court seized at Alexandria. Suetonius notes that so much bullion entered Rome after the Egyptian conquest that interest rates dropped sharply and property values surged.

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