Solidus - Theodosius II VICTORIA AVGGG RV, Ravenna

Theodosius II was Eastern emperor; solidi attributed to Ravenna under his name during 408–423 reflect the co-regency arrangements between East and West, with the young Honorius still nominally ruling from Ravenna after the court's flight from Milan following Stilicho's execution in 408. The VICTORIA AVGGG reverse — three Gs for three Augusti — acknowledges the college of emperors then in power, a numismatic formality that masked the near-total dysfunction of western administration during these years.

Ravenna's mint had only been activated as an imperial facility around 402, when Honorius relocated there precisely because its marshes made it defensible.