The Stephen Album Rare Coins auction house may be synonymous with Islamic coins, but the company’s success at its frequent auctions has led it to offer numismatic material that casts a wider net. .
A gold aureus circa 103 to 111 AD from Trajan, the man who presided over one of the greatest military expansions in Roman history, is evidence of the scale of the company’s auctions.
The coin was minted in Rome and depicts a laureate and draped bust of Trajan on the obverse.
Trajan makes a return appearance on the reverse, where he is standing facing left, a scroll in his left hand, extending his right hand to two standing children, their arms raised towards him.
The inscription under the scene, ALIM ITAL, refers to the alimenta.
A reference to the public good
Food subsidies (alimenta) were a form of state support in Italy for child citizens, initiated by Emperor Nerva and expanded under Emperor Trajan.
Unlike previous cereal distributions, which were privately funded and limited to the capital (Rome), the new initiative represents a serious attempt at state-funded subsidies at regular intervals for children across Italy, according to the auction house.
“In one locality, records indicate that boys received 16 sesterces a month, while girls received 12 sesterces,” the firm said.
Trajan’s pride in nurturing it led to a series of gold, silver and bronze coins to commemorate his achievement. This program continued under his successor and lasted until the mid-3rd century.
Rated highly by the auction house, the coin has an estimate of $1,500 to $2,000.
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