Heritage Auctions

Auction 3096  –  25 - 27 March 2021

Heritage Auctions, Auction 3096

The Paramount Collection - Ancient and World Coins

Part 1: Th, 25.03.2021, from 10:00 PM CET
Part 2: Fr, 26.03.2021, from 10:00 PM CET
Part 3: Sa, 27.03.2021, from 7:00 PM CET
The auction is closed.
PLEASE NOTE: At the time of printing the catalog, in-person lot viewing and in-person floor bidding can only be accommodated under certain circumstances due to COVID-19 restrictions.

Description

Gordian III (AD 238-244). AV aureus (20mm, 4.97 gm, 12h). NGC MS 5/5 - 4/5. Rome, ca. AD 241-243. IMP GORDIANVS PIVS FEL AVG, laureate, draped and cuirassed bust of Gordian III right, seen from behind / AETER-NITATI AVG, Sol, standing facing, nude but for chlamys over left shoulder, radiate head left, raising right hand, globe outward in left. RIC IV.III 97. Calicó 3186. Well struck from fresh dies on lustrous flan. From the Paramount Collection This attractive gold aureus illustrates the monetary crisis about to engulf the Roman Empire. Its weight of 4.97 grams is only 3/4 the weight of aurei issued during the Severan era, and points to the shortage of precious metals caused by a worsening spiral of inflation and debasement. Silver was also in short supply, which caused the venerable silver denarius to be driven out of circulation by its inflationary cousin, the antoninianus. Portraiture and overall workmanship were still of a high standard, however, and the youth and innocence of Gordian are quite evident in his obverse image.

HID09801242017

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Price realized 20'000 USD
Starting price 2'600 USD
Estimate 6'000 USD
The auction is closed.
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