Titus restoration/restitution of Claudius Sestertius

Discussion in 'Ancient Coins' started by jamesicus, Sep 3, 2018.

  1. jamesicus

    jamesicus Well-Known Member

    TITUS RESTORATION/RESTITUTION OF CLAUDIUS SESTERTIUS
    [​IMG]
    SESTERTIUS - CLAUDIUS/TITUS RESTORATION/RESTITUTION ISSUE
    RIC Volume II (1962 Edition), Rome, Titus, No. 234
    RIC Volume II, Part 1 (second edition), Claudius, No. 472 (Sear No. 2601)
    80-81 AD, (34.5mm, 24.3gm)
    Obverse depiction: Claudius, laureate head facing right
    Inscription: TI CLAVDIVS CAESAR AVG PM TRP IMP PP
    Reverse depiction: Personification of Spes
    holding flower in right hand and raising skirt with left hand
    Inscription: IMP T VESP AVG REST - S C (left and right)
    Titus was a Military Tribune in Britain AD 60-63

    Restoration/Restitution coinage

    Both of the above terms are employed by modern day authors to describe this coinage. I think that the REST which is inscribed on the reverse of these coins is an abbreviation of the Latin noun Restitutio = reinstatement, restoration, giving back.

    * One purpose for issuing restored coins was to provide substitutes for familar coin types that were being recalled due to excessive wear.
    * Another purpose was to honor deceased and revered Emperors (and sometimes members of their families)
    * They were struck from newly made dies designed to produce coins that closely resembled the originals.
    * They were always marked REST (together with the name of the issuing Augustus) as part of the reverse inscription.
    * This coinage should not be confused with Commemorative coinage (which was not marked REST)
    * It was issued under the auspices of (in chronological order) Titus, Domitian, Nerva and Trajan
    * Only Trajan issued this coinage in silver and gold.
    * Trajan also issued this coinage to honor Distinguished Republican families.

    There is some very interesting information relating to Restoration/Restitution coinage in this CNG listing. Note especially the Curtis Clay and Harold Mattingly information.

    Updated via Edit.
     
    Last edited: Sep 4, 2018
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  3. Gavin Richardson

    Gavin Richardson Well-Known Member

    Maybe James’s aesthetics are rubbing off. But the first thing I noticed about this coin was the high quality of the inscriptional capitals. I guess that goes to show how posts on this board can influence what we value about a coin.
     
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  4. jamesicus

    jamesicus Well-Known Member

    Thank you Gavin. Yes, in my own estimation the inscriptional lettering is of very high quality. I didn’t mention that in my original post because I suspect that my fellow collectors on this Forum are becoming jaded by my constant commentary relating to inscriptional lettering.
     
  5. Gavin Richardson

    Gavin Richardson Well-Known Member

    Keep commenting on it. Such commentary helps train the eye, and as we know, oftentimes good lessons need repeating.
     
  6. IdesOfMarch01

    IdesOfMarch01 Well-Known Member

    Personally, I would love to see a side-by-side comparison of coins that illustrate high-quality lettering vs. mediocre (not necessarily low-quality) lettering, maybe with some specific comments on the features that differentiate the high-quality from the lesser quality.
     
    Gavin Richardson likes this.
  7. jamesicus

    jamesicus Well-Known Member

    I tremble at the prospect of me doing that IOM - I have been a practicing calligrapher - and teacher of calligraphy - for some seventy five years and am only too aware of the divergence of opinions relating to what constitutes (especially Roman Capital) high quality letter forms versus mediocre letter forms ...... but I am going to do it in a later post (I need to gather some exemplars). Of course, badly formed letters are easy to spot:)
     
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  8. jamesicus

    jamesicus Well-Known Member

    It appears that REST marked coins are designated rare or very rare in most references, sales catalogs and auction listings.
     
  9. jamesicus

    jamesicus Well-Known Member

    I am only just beginning to unearth what is sometimes long forgotten information relating to Restoration/Restitution coinage. I am going to devote much more time to researching these fascinating and historically important coins.
     
    Last edited: Sep 4, 2018
  10. jamesicus

    jamesicus Well-Known Member

    Only deceased Emperors who were held in high regard were honored with Restoration/Restitution coinage. For instance, Caius (Caligula), Nero, Otho and Vitellius were not so honored.
     
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  11. jamesicus

    jamesicus Well-Known Member

    Uncommon Restoration/Restitution coins can be very pricey. The Trajan/Julius Caesar Restoration aureus - CNG Auction coin (Triton XIX, Lot: 2187) I reference in my initial post had an Estimate of $20000 and sold for $32500 (not including buyers fee).
     
    Last edited: Sep 4, 2018
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  12. jamesicus

    jamesicus Well-Known Member

    To all interested collectors/enthusiasts: Please post photos and information relating to any Restoration/Restitution coins you have.
     
  13. randygeki

    randygeki Coin Collector

    Great coin! Nothing to add about restoration issues. I've always like the style of them, I just haven't gotten one for myself yet.
     
  14. jamesicus

    jamesicus Well-Known Member

    Thank you Randy - I am looking for more Restoration coins to add to my collection. They are hard to find.
     
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  15. jamesicus

    jamesicus Well-Known Member

    I am trying to find a copy of the following article:

    Harold Mattingly, "The 'Restored' Coinage of Titus, Domitian and Nerva," Vol. 20 Numismatic Chronicle and Journal of the Royal Numismatic Society (1920): 177-207.

    I will appreciate any leads.
     
  16. IdesOfMarch01

    IdesOfMarch01 Well-Known Member

    I wonder if the price of this coin was a result of its being an aureus with Julius Caesar on it, rather than because it was a restoration of an earlier emperor? Julius Caesar aurei are notoriously expensive (although not infrequently seen in auctions). What about other emperors' restoration coins as compared with their lifetime issues?
     
  17. dougsmit

    dougsmit Member

    I suspect just being part of Trajan's REST series was enough. All of them are rare and expensive but there would be some more popular than others. As I recall the story, Trajan demonetized the early coins and issued the REST series to provide collectible sets for those who wanted them. I don't believe they were intended for circulation any more than our modern commemoratives that are issued over face value. I do not recall where I heard/read that story. Anyone?
     
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  18. jamesicus

    jamesicus Well-Known Member

    Yes that could be. The few Restoration coins I have come across have all been evaluated at considerably higher prices than regular issues.
     
  19. jamesicus

    jamesicus Well-Known Member

    I seem to recall that story also - but I can’t remember where or when.
    I think Curtis Clay’s commentary in this CNG listing is (as usual) very good.
     
  20. jamesicus

    jamesicus Well-Known Member

    I have included a regular issue sestertius for comparison.

    TITUS RESTORATION/RESTITUTION OF CLAUDIUS SESTERTIUS


    [​IMG][​IMG]
    RIC Vol. I, CLAUDIUS, SESTERTIUS, Rome, No. 99 41-50 AD, (36mm, 25.3gm)
    Obverse depiction: Claudius, laureate head facing right
    Inscription clockwise from bottom: TI CLAVDIVS CAESAR AVG PM TRP IMP
    Reverse depiction: Personification of Spes
    holding flower in right hand and raising skirt with left hand
    Inscription clockwise from bottom: SPES AVGVSTA - S C (exergue)

    [​IMG]
    SESTERTIUS - CLAUDIUS/TITUS RESTORATION/RESTITUTION ISSUE
    RIC Volume II (1962 Edition), Rome, Titus, No. 234
    RIC Volume II, Part 1 (second edition), Claudius, No. 472 (Sear No. 2601)
    80-81 AD, (34.5mm, 24.3gm)
    (Photo credit: Praefectus Coins)
    Obverse depiction: Claudius, laureate head facing right
    Inscription: TI CLAVDIVS CAESAR AVG PM TRP IMP PP
    Reverse depiction: Personification of Spes
    holding flower in right hand and raising skirt with left hand
    Inscription: IMP T VESP AVG REST - S C (left and right)
    Titus was a Military Tribune in Britain AD 60-63

    Restoration/Restitution coinage

    Both of the above terms are employed by modern day authors to describe this coinage. I think that the REST which is inscribed on the reverse of these coins is an abbreviation of the Latin noun Restitutio = reinstatement, restoration, giving back.

    * One purpose for issuing restored coins was to provide substitutes for familar coin types that were being recalled due to excessive wear.
    * Another purpose was to honor deceased and revered Emperors (and sometimes members of their families)
    * They were struck from newly made dies designed to produce coins that closely resembled the originals.
    * They were always marked REST (together with the name of the issuing Augustus) as part of the reverse inscription.
    * This coinage should not be confused with Commemorative coinage (which was not marked REST)
    * It was issued under the auspices of (in chronological order) Titus, Domitian, Nerva and Trajan
    * Only Trajan issued this coinage in silver and gold.
    * Trajan also issued this coinage to honor Distinguished Republican families.

    There is some very interesting information relating to Restoration/Restitution coinage in this CNG listing. Note especially the Curtis Clay and Harold Mattingly information.
     
    Johndakerftw and Bing like this.
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