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Denarius - Hadrian P M TR P COS III LIBERAL AVG III

Issuer Roman Imperial Mint
Year 120-121
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Composition Silver
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Obverse description Laureate bust of Hadrian facing right, with short beard, draped at the shoulder. The emperor is rendered in the naturalistic portraiture style characteristic of Hadrianic coinage, conveying authority and intellectual distinction. The surrounding legend is inscribed in Latin along the full circumference of the flan, reading IMP CAESAR TRAIAN HADRIANVS AVG. The flan is irregular and slightly ragged at the edges, consistent with hand-struck Roman imperial production of the early second century AD.
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Edge Plain
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Additional information

The "LIBERALITAS AVG III" reverse commemorates Hadrian's third public congiarium — a direct cash distribution to Roman citizens, part of his deliberate program of domestic generosity that distinguished his reign from Trajan's expansionist expenditure. Hadrian had abandoned Trajan's Mesopotamian conquests shortly after accession and redirected imperial resources inward. The donative referenced here likely accompanied his early consolidation of favor in Rome before his extended provincial tours began in earnest around 121 AD.

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