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Miliaresion - Romanus I, Constantine VII, Stephen and Constantine Lecapenus

Issuer Byzantine Empire (Byzantine states)
Year 913-959
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Currency Second Solidus Nomisma (720-1092)
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Reverse description A five-line Greek inscription filling the field, naming the four co-ruling emperors — Romanus I, Constantine VII, Stephen, and Constantine Lecapenus — in the customary Byzantine collegiate titulature format. The legend is introduced by a cross preceding the first line. The entire inscription is enclosed within a border of three concentric toothed (beaded) circles, consistent with the obverse border style.
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Romanus I Lecapenus seized power as co-emperor in 920 after installing himself as father-in-law to the young Constantine VII Porphyrogennetos, then methodically elevated his own sons — Christopher, Stephen, and Constantine — above the legitimate Macedonian heir in the succession order. This coin dates to the period after Christopher's death in 931, when Stephen and Constantine Lecapenus held the senior co-imperial positions ahead of Constantine VII, a humiliation the Porphyrogennetos endured for over a decade. The arrangement collapsed in January 945 when Constantine VII's allies helped him exile the Lecapenus brothers to a monastery, ending the usurpation without bloodshed.

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