Titus, Denarius, 76
Rome - Extremely rare - Silver - F(12-15) - RIC:865
Head of Titus, laureate, right.
Pax seated on the left, holding a branch in her left hand and resting her right arm on an armrest.
This is an extremely rare denarius of Titus. This Pax was introduced in 75, when Titus was consul for the 4th time (COS IIII) while he was still Caesar, and was kept for some time the following year in 76, when Titus was elected consul for the 5th time. A denarius was recently seen in a sale (14/09/2023), but with different dies. It is difficult to determine whether the "V" was re-engraved on a reverse die engraved "IIII" due to the advanced degree of circulation wear, but it is clear that very few coins were issued for this type as it was quickly stopped during 76.
T CAESAR IMP VESPASIAN
PONTIF TR P COS V
3.05 gr
Silver
Silver can fall into your pocket but also falls between copper and gold in group 11 of the periodic table. Three metals frequently used to mint coins. There are two good reasons for using silver: it is a precious metal and oxidizes little upon contact with air. Two advantages not to be taken for granted.
Here is thus a metal that won’t vanish into thin air.
It’s chemical symbol Ag is derived from the Latin word for silver (argentum), compare Ancient Greek ἄργυρος (árgyros). Silver has a white, shiny appearance and, to add a little bit of esotericism or polytheism to the mix, is traditionally dedicated to the Moon or the goddess Artemis (Diana to the Romans).
As a precious metal, just like gold, silver is used to mint coins with an intrinsic value, meaning their value is constituted by the material of which they are made. It should be noted that small quantities of other metals are frequently added to silver to make it harder, as it is naturally very malleable (you can’t have everything) and thus wears away rapidly.
The first silver coins probably date back to the end of the 7th century BC and were struck on the Greek island of Aegina. These little beauties can be recognized by the turtle featured on the reverse.
The patina of silver ranges from gray to black.
The millesimal fineness (or alloy) of a coin indicates the exact proportion (in parts per thousand) of silver included in the composition. We thus speak, for example, of 999‰ silver or 999 parts of silver per 1 part of other metals. This measure is important for investment coins such as bullion. In France, it was expressed in carats until 1995.