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Aureus - Trajan P M TR P COS IIII P P, Victory

Issuer Roman Empire (27 BC - 395 AD)
Year 101-102
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Weight 7.3 g
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Obverse description Laureate bust of Trajan facing right, depicted with a slightly draped shoulder, rendered in high relief characteristic of early second-century Roman imperial coinage. The portrait displays the emperor's characteristic strong features with a short-cropped laurel wreath framing the brow. A beaded inner border encircles the field. The legend is distributed around the periphery in well-spaced Latin capitals. The die work reflects the accomplished engraving quality associated with the Rome Mint under Trajan's early reign.
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Obverse lettering IMP CAES NERVA TRAIAN AVG GERM
(Translation: Imperator Caesar Nerva Traianus Augustus, Germanicus. Supreme commander (Imperator), Caesar, Nerva Trajan, emperor (Augustus), conqueror of the Germans.)
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Additional information

This issue falls within Trajan's Dacian war period — the first Dacian campaign ran from 101 to 102 AD, and the Victory type was almost certainly struck to commemorate battlefield success before the formal triumph of 102. The cos IIII dating brackets production tightly to those two years, before Trajan assumed his fifth consulship.

RIC II 69 is a well-documented type, but aurei from this group vary meaningfully in die axis and surface quality due to the pressures of wartime treasury output. The mint at Rome was producing coinage at elevated volume to fund and celebrate simultaneous military operations on the Danube frontier.

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