Siliqua - Honorius VOT V MVLT X, Mediolanum

Honorius received his first consulship in 386 at age two, and the VOT V MVLT X vow formula — praying for five years fulfilled and ten more to come — was struck to mark the quinquennial of his reign beginning in 395, the same year his father Theodosius I died and permanently split the empire between east and west. Mediolanum was the imperial seat of the western court at this moment; Ravenna would not replace it until 402, which tightly brackets this issue's production window.

Siliquae of this period were clipped aggressively in circulation, making unclipped survivors at honest weight genuinely scarce.