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Message:: [QUOTE="Roman Collector, post: 3649198, member: 75937"]It's important to remember that all of the dies were hand engraved and variations in the spacing of letters on the inscription are very common. They are not considered separate catalog numbers in Sear or RIC and, while interesting and can be helpful when doing die-studies, they do not affect the coin's value or price. Around here, we call paying attention to such variations in designs between designs "fly-specking" and some collectors (such as I) enjoy it; others do not. Your coins appear in many references. The first is RIC2.1 29, BMCRE 26, CBN 18, Cohen 94, Sear 2285. An example in the British Museum has slightly different spacing than yours in the reverse legend as well as a different style of throne on which Pax is sitting. These types of differences arise because the dies were cut by different engravers. Whether this is significant enough to call it a separate variety is hard to say; it's not considered significant enough to warrant a separate listing in RIC, Sear, Cohen or CBN: [ATTACH=full]980139[/ATTACH] Your second coin is Sear 2514, not 2513. Other references are RIC2.1 122, BMCRE 85, CBN 47, Cohen 313.  Its obverse legend is supposed to read counterclockwise. Here's an example in the British Museum: [ATTACH=full]980143[/ATTACH][/QUOTE]