Trajan - Sestertius

Additional References: CNG 90, lot 1528

Notes: Laureated bust right, slight drapery over left shoulder / Victory standing right, fastening a shield inscribed VIC / DAC in two lines to a palm tree.

Obverse: Trajan (Latin: Imperator Caesar Nerva Traianus Divi Nervae filius Augustus; 18 September 53 – August 8, 117 AD) was Roman emperor from 98 AD until his death in 117 AD. Officially declared by the Senate optimus princeps ("the best ruler"), Trajan is remembered as a successful soldier-emperor who presided over the greatest military expansion in Roman history, leading the empire to attain its maximum territorial extent by the time of his death. He is also known for his philanthropic rule, overseeing extensive public building programs and implementing social welfare policies, which earned him his enduring reputation as the second of the Five Good Emperors who presided over an era of peace and prosperity in the Mediterranean world.

Born in the city of Italica in the province of Hispania Baetica, Trajan’s non-patrician family was of Italian and perhaps Iberian origin.[2]Trajan rose to prominence during the reign of emperor Domitian. Serving as a legatus legionis in Hispania Tarraconensis, in 89 Trajan supported Domitian against a revolt on the Rhine led by Antonius Saturninus.[3]In September 96, Domitian was succeeded by Marcus Cocceius Nerva, an old and childless senator who proved to be unpopular with the army. After a brief and tumultuous year in power, culminating in a revolt by members of the Praetorian Guard, Nerva was compelled to adopt the more popular Trajan as his heir and successor. He died on 27 January 98 and was succeeded by his adopted son without incident.

As a civilian administrator, Trajan is best known for his extensive public building program, which reshaped the city of Rome and left numerous enduring landmarks such as Trajan’s Forum, Trajan’s Market and Trajan’s Column. Early in his reign, he annexed the Nabataean kingdom, creating the province of Arabia Petraea. His conquest of Dacia enriched the empire greatly, as the new province possessed many valuable gold mines. However, its exposed position north of the Danube made it susceptible to attack on three sides, and it was later abandoned by Emperor Aurelian.

Trajan’s war against the Parthian Empire ended with the sack of the capital Ctesiphon and the annexation of Armenia and Mesopotamia. His campaigns expanded the Roman Empire to its greatest territorial extent. In late 117, while sailing back to Rome, Trajan fell ill and died of a stroke in the city of Selinus. He was deified by the Senate and his ashes were laid to rest under Trajan’s Column. He was succeeded by his adopted son Hadrian.

Denomination: The sestertius, or sesterce, (pl. sestertii or sesterces) was an ancient Roman coin. During the Roman Republic it was a small, silver coin issued only on rare occasions. During the Roman Empire it was a large brass coin.

Period: Imperial Rome. As the Roman Republic began to implode because of corruption and infighting among powerful members of the Roman Senate, a new type of Roman Republican coinage emerges, that of the military strongmen who dominated and fought among each other before the final fall of the Republic. The drama surrounding the fall of the Roman Republic is a story full of political intrigue, military action, betrayal, murder and sex scandals. Different parts of this story have been told and retold by ancient historians, modern day scholars, dozens of Hollywood movies and even an HBO miniseries. All of the actors in this great drama, Crassus, Pompey, Julius Caesar, Brutus and Cassius, Mark Antony and Cleopatra and the last man standing at the end of it all, Octavian (later known as the first emperor of Rome, Emperor Augustus) all minted coins during this time bearing their names and propaganda images supporting their factions and political ideals.

Culture: Ancient Rome. A famous catch phrase "Rome was not built in a day" definitely applies to the Roman civilization. Rome stated as a series of small villages among the famous seven hills of Rome along the river Tiber. Eventually through conquest, diplomacy, wise policies of indirect rule and assimilation, the Romans were able to not only unify the Italian peninsula, but though a series of brutal wars against regional powers established a great Empire that spanned Europe, Asia and Africa, making the Mediterrean Sea and "Roman Lake."

All Roman coinage can generally be divided into eight time periods as described below. An interesting thing about Roman coins minted during these eight time periods is that you can literally see the "Rise and Fall" of the Roman Empire on its coinage as the sharp imagery and pure silver and gold coins of the Roman Republic and Early Imperial Period gradually devolves into crude, illegible and heavily debased coins of the "Barracks Emperors" and "Barbarian" Period.