IMP
CAES NER TRAIAN OPTIM AVG P M TR P COS VI P P (Translation: Imperator Caesar Nerva Traianus Optimus Augustus, Pontifex Maximus, Tribunicia Potestate, Consul Sextum, Pater Patriae. Supreme commander (Imperator), Caesar, Nerva Trajan, the best emperor (Augustus), high priest, holder of tribunician power, consul for the sixth time, father of the nation.)
Reverse description
Trajan seated right on low platform, left, with two attendants, addressing five soldiers; one of the soldiers is on horseback.
Reverse script
Latin
Reverse lettering
IMPERATOR VIII (Translation: Imperator Octavum. Supreme commander (Imperator) for the eighth time.)