Tiberius, Tribute Penny
One ancient coin leads all the others in demand by Christians who otherwise do not collect coins. Several Bible passages mention coins but none are more certainly identified than the Tribute Penny of Matthew 22:19 and Mark 12:15. Both accounts name the coin shown to Jesus as a denarius (usually translated into English as 'penny'). How is it that this one type of denarius is so widely recognized as the one that played a part in this story?
The reverses of Roman coins were regularly used as media of propaganda. Coin types were changed frequently and tended to reflect the current news of the day. Emperors who were in power for only a short time usually issued several varieties. Pertinax, who reigned for three months in 193 AD, struck ten major types of denarii (not counting minor varieties) . In his 41 year reign, Caesar Augustus released over a hundred types. Tiberius was Emperor for 23 years and is represented by two denarii. After 15 AD all Tiberius denarii were the same type: PONTIF MAXIM surrounding a seated female figure. Huge numbers of these coins were produced; many thousands of them still exist today. There has never been a more fortunate numismatic circumstance. This coin in the highest demand is among the most common of all Roman silver coins.
To tell the truth, there is no real evidence that Jesus saw this coin. Denarii in circulation that day (over fifteen years into the reign of Tiberius) would have included quite a mix of Republican types and vast numbers of the common types of Caesar Augustus. Further, it seems unlikely that the men who took part in this story would have cared to make a distinction between the Romans who had borne the name Caesar. When asked: 'Whose image and inscription is on the coin', the answer was simply 'Caesar' not 'Tiberius Caesar' or 'Julius Caesar'. The purpose of the coin in this case could have satisfied by any Republican denarius with a head and Latin inscription. That coin collectors have settled on this one coin as THE Tribute Penny is more of a convention than a historical fact. It is, however, quite likely that this type was among the most common denarii in circulation in the early 30's AD and it does show the Emperor who reigned at the time of the ministry of Jesus Christ.
Tiberius - Silver Denarius - 14-37 AD - 3.0g
TI CAESAR DIVI AVG F AVGVSTVS / PONTIF MAXIM
Livia as Pax seated; Ornate legs on chair
Tribute Pennies come in a wide variety of styles and show a few minor varieties recognized by collectors. These include the decoration of the chair legs, presence of a footstool and whether Pax holds a rod or an inverted spear. Considering the long period of time these coins were issued, these are very minor points. Some of the coins are of fine style; others border on the barbaric. We previously featured a very barbarous Tribute Penny from India. Whether all of the 'regular' issues were produced at the main mint (then at Lugdunum) or if there were branch mints is not clear to me. The coins are readily available in all conditions and bring a strong price in spite of their being common. I recall once seeing a bag of nearly a thousand in the possession of a dealer. Remember our lesson from last week: Price is a factor of popularity and demand, not rarity.
Tiberius - Fourree Denarius - 14-37 AD - 3.0g
TI CAESAR DIVI AVG F AVGVSTVS / PONTIF MAXIM
Livia as Pax seated; Plain legs on chair
(c) 1998 Doug Smith