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Denier - Anastasius III

Issuer Papal States
Year 911-913
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Composition Silver
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Obverse description Central field occupied by a Carolingian-style papal monogram composed of interlaced letters, with a pellet positioned below. The monogram is enclosed within a plain inner circle surrounded by a beaded border. The surrounding legend is disposed around the periphery, separated from the central device by the double border typical of early medieval Roman deniers. The flan is irregular and slightly cracked, consistent with hand-struck hammered coinage of the early tenth century.
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Obverse lettering ANASTASIVS ✠ RO ⁛ MA
(Translation: Anastasius. Rome.)
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Additional information

Anastasius III held the papacy for just under two years, from April 911 to June 913, a pontificate short enough that his coinage is genuinely scarce rather than artificially so. Rome's mint output during the early tenth century was constrained by the city's chronic political instability — the period historians call the "pornocracy" was still a generation away, but the aristocratic factionalism that defined it was already strangling papal authority.

Only two die pairings are documented under CNI XV, which tells its own story about production volume.

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