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118 AD: Hadrian relinquishes public debt worth 900 million sestertii
Orichalcum sestertius (24.91g, 34mm, 6h). Rome mint. Struck AD 119-121
IMP CAESAR TRAIANVS HADRIANVS AVG P M TR P COS III laureate bust right, drapery on far shoulder
RELIQVA VETERA IIS NOVIES MILL ABOLITA / S C Lictor standing left, holding fasces, setting fire to heap of bonds on the ground to left with brand
RIC 552 [R]; Cohen 914; Foss (Roman Historic Coins) 112/15
CNG EAuction 202; ex White Mountain Collection; ex Mazzini Collection
While Hadrian was on a mission in AD 118, four high ranking senators were executed by the senate for conspiring against Hadrian, despite a promise by Hadrian not to execute members of the Senate. To calm the public, Hadrian granted an extra public largesse and relinquished the public debt to the state equaling 900 million sestertii. In a ceremony held in the Forum Trajanum, all records of these debts were set on fire
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Filename:HadrSe46.jpg
Album name:Charles S / Historical Coins
Rating (3 votes): (Details)
Keywords:Hadrian public debt
File Size:175 KB
Date added:May 24, 2012
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URL:http://www.forumancientcoins.com/gallery/displayimage.php?pos=-81945
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okidoki  [May 10, 2016 at 05:24 PM]
Interesting sestertius