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Sestertius - Hadrian RELIQVA VETERA HS NOVIES MILL ABOLITA S C
| Issuer | Roman Imperial Mint |
|---|---|
| Year | 119-120 |
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| Value | 1 Sestertius = 1/4 Denarius |
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|---|---|
| Obverse script | Latin |
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| Reverse lettering | RELIQVA VETERA HS NOVIES MILL ABOLITA S C (Translation: Reliqua Vetera Sestertii Novies Mill Abolita. Senatus Consultum. Old debts [in the amount] of nine hundred million sestertii (nine times one hundred million sestertii) cancelled. By decree of the Senate.) |
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| Additional information |
In 118 AD, Hadrian made one of the most dramatic fiscal gestures in Roman imperial history: he cancelled debts owed to the imperial treasury amounting to 900 million sesterces, publicly burning the records in Trajan's Forum. The legend on this sestertius commemorates precisely that act. It was a calculated political move executed within months of his accession, designed to neutralize senatorial and provincial resentment toward a reign that had begun under a cloud of disputed succession and the execution of four senior senators.