Licinius I. AD 308-324. Æ Follis 20mm, 4.05 g. Alexandria mint. Struck AD 315. Laureate head right / Jupiter standing left, holding Victory on globe and scepter; eagle at feet to left, holding wreath in beak; K/wreath/B/X//ALE. RIC VII 15. Good Very Fine, gray patina.
Licinius I ruled the eastern empire during the Tetrarchy and later co-ruled with Constantine the Great. Initially allied with Constantine, he later opposed him in civil war and was defeated in AD 324. His coins often emphasize Jupiter Conservator, showing resistance to Constantine’s Christian symbolism. His issues are abundant and crucial to understanding the empire’s final pagan decades.
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