TI CAE
DIVI AVG F AVG IMP VIII COS IIII (Translation: Tiberius, Caesar, son of divine Augustus, emperor, supreme commander for the eighth time, consul for the fourth time.)
Reverse description
God Mercury, nude, wearing winged petasus (Thessalian broad brimmed hat) and winged shoes, seated left on rock, holding winged caduceus in outstretched right hand, resting left hand on rock.
Reverse script
Latin
Reverse lettering
PERMIS P DOLABELLAE PROCOS C P GAVIO
CAS D D
C P I