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Licinius I, 11 November 308 - 18 September 324 A.D.
In early in December 316, to ensure his loyalty, Licinius elevated Aurelius Valerius Valens, the dux limitis (duke of the frontier) in Dacia, to the rank of Augustus. According to Petrus Patricius, when Constantine learned of this "The emperor made clear the extent of his rage by his facial expression and by the contortion of his body. Almost unable to speak, he said, 'We have not come to this present state of affairs, nor have we fought and triumphed from the ocean till where we have now arrived, just so that we should refuse to have our own brother-in-law as joint ruler because of his abominable behavior, and so that we should deny his close kinship, but accept that vile slave [Valens] with him into imperial college.'" The treaty between Constantine and Licinius was concluded at Serdica on 1 March, 317. Whether it was part of that agreement is unknown, but Licinius had Valens executed.RL87971. Billon follis, Hunter V 243 (also 2nd officina), RIC VII Alexandria 18, SRCV IV 15248, Cohen VII 108, Choice EF, full circle centering, attractive surfaces, slightest porosity, areas of weak strike, 2nd officina, Alexandria mint, weight 4.013g, maximum diameter 20.9mm, die axis 0o, 316 - 317 A.D.; obverse IMP C VAL LICIN LICINIVS P F AVG, laureate head right; reverse IOVI CONSERVATORI AVGG (to Jupiter the protector of the two emperors), Jupiter standing left, nude but for chlamys over left shoulder, Victory on globe offering wreath in right hand, long scepter in left hand, eagle with wreath in beak at feet left, K left, wreath / X / B right, ALE in exergue; scarce (R1); SOLD
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