Completed my ancient coin collection

Discussion in 'Ancient Coins' started by IMP Shogun, Aug 10, 2021.

  1. IMP Shogun

    IMP Shogun Well-Known Member

    ...of the Tetrarchy

    It is of course impossible to complete an ancient coin collection. We all know that factoid.

    I did however complete (for now...) my Diocletian tetrarchy set with this lovely specimen:

    Diocletian. AD 284-305. Æ Follis (28mm, 10.45 g, 6h). Ticinum mint, 1st officina.
    Struck circa AD 298-299.
    Genius standing left, holding patera and cornucopia; * PT•.
    RIC VI 33a

    Star of Bethlehem in the left reverse field? I kid, I kid, the other thing we know about Diocletian is that he wasn't pro-Christian.

    He also may have not understood that minting amazing looking new coins, would not only solve the problem of idle metal in storehouses but also increase inflation out of control due to the increased circulation of total coins.

    "At any rate, the received wisdom is that, overall, the overwhelming/unprecedented increase in the money supply (especially ‘silver’/bronze issues) in the reign of Diocletian, eventually brought about pronounced price increases" (Schwartz, 1973; Duncan-Jones, 1982; Harl, 1996).

    But, this is not the full story; though the second part of it, is perhaps not widely known or recognized for its inflationary impact: In 301, Diocletian apparently issued a Currency Edict, effective September 1st, doubling the face value of the silver and cop- per issues (Erim et al., 1971; Whittaker, 1980; Bagnall, 1985; Lo Cascio, 1996; Rathebone, 1996; Harl, 1996).

    He did however apply this Modern Monetary Theory with a good heart, as he was a soldier and knows they should not be paying a year's pay for a cloak, leave that for the Pentagon!

    "Perhaps he hoped to raise the purchasing capacity of his (military and administrative) staff or make the possession of these coins more attractive and influence the ‘unfreezing’ of the out- standing precious metal (gold) that was held in private stores."


    Quotes are from Another View on an Old Inflation: Environment and Policies in the Roman ... - Prodromos-Ioannis Prodromidis - Google Books

    Let's see some Diocletian!

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  3. akeady

    akeady Well-Known Member

    Congrats! I recently completed my Roman Republican Bes collection - the fact that the denomination was issued just once helped :)

  4. Victor_Clark

    Victor_Clark all my best friends are dead Romans Dealer

    if you are talking about the Edict of Prices, you have to post some of his "sacred money"


    A.D. 303- 305
    26x28mm 8.3g
    IMP C DIOCLETIANVS P F AVG; laureate head right.
    SAC MON VRB AVGG ET CAESS N N; Moneta standing left with scales & cornucopiae.
    In ex. R crescent P
    RIC VI Rome 111a
    tibor, philologus_1, Finn235 and 13 others like this.
  5. hotwheelsearl

    hotwheelsearl Well-Known Member

    I finally managed got an abdication follis!
    Diocletian AE Follis RIC VI Serdics 15a B.JPG
  6. Alegandron

    Alegandron "ΤΩΙ ΚΡΑΤΙΣΤΩΙ..." ΜΕΓΑΣ ΑΛΕΞΑΝΔΡΟΣ, June 323 BCE

    Would enjoy seeing that collection!
    tibor, IMP Shogun, ominus1 and 2 others like this.
  7. Ryro

    Ryro Trying to remove supporter status Supporter

    Here here! Please share:woot: I love Bes:
    IMG_4054(1).JPG 1601400749158.png

    I have Silenus' mask on RR, but want even aware of Bes on an RR;
  8. akeady

    akeady Well-Known Member

    Spaniard, Alegandron and Ryro like this.
  9. ominus1

    ominus1 Supporter! Supporter

    ..congrats!...i just over the weekend completed my 1st tetarchy also with Const. l Chlorus...:) IMG_0556.JPG
  10. dougsmit

    dougsmit Member

    Diocletian Trier

    Maximianus Antioch

    Constantius Lugdunum

    Galerius Aquileia
  11. Alegandron

    Alegandron "ΤΩΙ ΚΡΑΤΙΣΤΩΙ..." ΜΕΓΑΣ ΑΛΕΞΑΝΔΡΟΣ, June 323 BCE

    THAT is exactly as I was referring, the RR denom! Would love to see them!
    Orfew likes this.
  12. akeady

    akeady Well-Known Member

    Last edited: Aug 10, 2021
    IMP Shogun and Alegandron like this.
  13. Al Kowsky

    Al Kowsky Well-Known Member

    Shogun, Congrats on scoring a very handsome nummus of Diocletian :happy:! I've never completed any collecting goal, that's what keeps me going :smuggrin:. Pictured below are a few Diocletian nummi from my collection.

    2491170-016, AK Collection.jpg
    2491170-017, AK Collection.jpg
    NGC 2491170-013 Al Kowsky Collection.jpg
    NGC 2491170-015 Al Kowsky Collection.jpg

    Roma 72, lot 1403.jpg
    Diocletian, Struck AD 303-305, London Mint. Billon Nummus: 10.17 gm, 28 mm, 6 h. RIC 28a: C&T 3.01.005
  14. gsimonel

    gsimonel Well-Known Member

    That is a really beautiful Diocletian, @IMP Shogun. Congratulations on completely the set.
  15. John Wright

    John Wright Well-Known Member

    Since I only collect the larger bronze, I have only a single Diocletian -- a medallion of 24.2gm. 40----Diocletian Med 24'2.jpg
    tibor, Alegandron, IMP Shogun and 6 others like this.
  16. ancient coin hunter

    ancient coin hunter 3rd Century Usurper

    With Diocles (Diocletian after he became emperor) the cool thing is that he became a gardener in his retirement...

    Here's a coin of the period - post abdication follis which calls upon "The Providence of the Gods." As you probably know Diocletian planted cabbages with his own hands at Split.

    "If you could show the cabbage that I planted with my own hands to your emperor, he definitely wouldn't dare suggest that I replace the peace and happiness of this place with the storms of a never-satisfied greed."

    A quote aimed at the restlessness of Maximian Herculis to re-assume the Imperial power.

    Diocletian (A.D. 284-305) AE Follis

    Weight: 6.90 grams

    Diameter: 23 mm

    Mint: Follis struck at Alexandria (ALE Mintmark) between 308 and 310, after his abdication.

    Obverse: DN DIOCLETIANO BAEATISS, laurel-wreathed bust right wearing mantle, holding olive branch and holding mappa in the other hand.

    Reverse: PROVIDENTIA DEORVM, Providentia standing right, extending right hand to Quies, standing left, holding branch and sceptre.

    Reference: Sear 12922, RIC VI Alexandria 80 corr.

  17. dougsmit

    dougsmit Member

    Everyone retires at some point. Some survive the event to enjoy peace and happiness. Others consider themselves failures because they only value greed and power.
    Diocletian (BEATISS - is that a cabbage plant?):
    Maximianus (2nd reign - 307):
  18. ominus1

    ominus1 Supporter! Supporter

    :) IMG_0566.JPG golden years bowie.jpg
    IMP Shogun likes this.
  19. gsimonel

    gsimonel Well-Known Member

    Okay, @ominus1, I can see some coins on the table. But I'm really lusting after those tomatoes.
    ominus1 likes this.
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