IMP
CAES NER TRAIANO OPTIMO AVG GER DAC P M TR P COS VI P P (Translation: Supreme commander (Imperator), Caesar, Nerva Trajan, the best emperor (Augustus), conqueror of the Germans, conqueror of the Dacians, high priest, holder of tribunician power, consul for the sixth time, father of the nation.)
Reverse description
Trajan, in military dress, seated right on high platform on left, by him stand two officers; in front of him stand an officer and six soldiers whom he is haranguing; behind in background, three standards.
Reverse script
Latin
Reverse lettering
IMPERATOR VIII S C (Translation: Supreme commander (Imperator) for the eighth time. Decree of the senate.)