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Titus as Caesar
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TITUS, as Caesar. 79-81 AD. Æ As 28mm 8.6 gm. Struck 74 AD. O: T CAES IMP PON TR P COS III CENS, laureate head left R: VICTORIA AVGVST, S C across field, Victory standing right on prow, holding wreath and palm. RIC 755 (Vespasian); BMCRE 711A (Vespasian) note var. (head right); cf. Cohen 363.
This obverse legend with PON TR P added and CAESAR abbreviated to CAES is only known on one coin paired with this reverse type (BMCRE 711A note), but that coin's obverse has Titus facing right. The references mentioned are from the only other example I could find online. I believe this is the third known left facing example.
The Victoria Avgvst, Avgvsti and Navalis Victory on the prow types probably commemorate Titus' pursuit of the Jews at Tarichæa on rafts, and the same circumstance doubtless explains why Titus brought a large number of ships with him when he entered Rome in triumph.
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As you note, BMC 711A note cites a similar coin but with head laur. right from ASFN 1884, p. 177. Is this correctly reported, or just a head left like yours misdescribed? The new RIC does not list this coin with head right, though that obverse type does occur, RIC 748 with rev. PAX AVGVST S C, again not illustrated. What makes these coins rare is the long obv. legend with PON TR P added and CAESAR abbreviated to CAES.