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Vespasian RIC II 1427 Variant
Vespasian 69-79 A.D. Ephesus Mint. 77-78 A.D. (2.98g, 17.4mm, 6h). Obv: IMP CAESAR VESPAS AVG COS III TR PPP, laureate head right. Rev: AVG in oak wreath (no mark). RIC II 1427 Varian.

The interest in this coin is its identity. The Ephesus mint issued the AVG in an oak wreath with EPHE, V1427. I have carefully examined this coin in various types of light, with, and without a loop and other types of magnification. The tassel above the bottom of the wreath is clearly visible and not that worn, and any issue mark would likely be visible in that area. It is my opinion there is no mint or issue mark on this coin.

David Atherton, another Flavian collector at the Forum has a Vespasian 1429 with no mint mark and a Titus as Caesar V1444 with no mint mark as well making it possible there was a series in Ephesus in 71 A.D. without the marks.
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Filename:Vespasian_RIC_II_1427A.jpg
Album name:Lucas H / Vespasian
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Date added:Apr 20, 2015
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URL:http://www.forumancientcoins.com/gallery/displayimage.php?pos=-120123
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David Atherton  [Apr 20, 2015 at 10:24 AM]
Has this coin been assigned "1427A" by Carradice and Buttrey? The last time I reported a no mm coin they disagreed on whether or not such a series existed - Buttrey for, Carradice against. I label my no mm coins as variants until further notice.
Lucas H  [Apr 21, 2015 at 09:42 AM]
okay. I misunderstood your email when we were discussing this. I'll reassign. so 1427 Variant?
David Atherton  [Apr 21, 2015 at 11:03 AM]
1427 var. will suffice until C&B assign it 1427A officially, if ever.