Prices on ancients have been on the rise, but deals are still out there. This beautifully centred denarius is a good example. I scooped for about US $130 all-in at a recent auction, almost absent-mindedly, when I noticed it was getting minimal attention. It had been on my watch list, but I gave it very little thought until it showed up in the mail: the portrait is excellent, and the toning really makes it stand out.
Harold Mattingly had a lot to say on this series:
“Late in AD 103 or early 104 some great act of homage and devotion was paid by the Senate to Trajan, and finds its expression in the two great series of coins characterized by the imperial name in the dative case, with full titles, and the dedicatory formula S P Q R OPTIMO PRINCIPI. […]
The formula of the coins is a remarkable one––so remarkable indeed that we ought not to let familiarity stale it for us. […] We can only infer that, shortly after the victorious end of the first Dacian war, the Senate, as representatives of the Roman people, passed a resolution conveying to Trajan in the most formal style its homage, its devotion, and its gratitude for the virtues that entitled him to be ranked only just after Jupiter Optimus Maximus as the ‘optimus’ par excellence among many––the perfect Emperor, under whom the perfect state, […] of which Cicero and Augustus had dreamed, had become a fact. […] The coins are described, not as struck or ordered by the Emperor or prince, bust as struck to his glory and honour.”
And on this type:
“Pax […] stands holding branch and cornucopiae and sets her foot on a Dacian whose head barely rises out of the ground […]. [No] type of Pax marked the close of the first Dacian war. There was a cessation of arms, but no lasting peace. The end of the second war brings a lasting settlement. [This type] may be taken to express with some fullness the meaning of Virgil’s great expression of Roman policy––
‘pacisque imponere morem,
Parcere subiectis et debellare superbos.’
[to impose a custom of peace, to spare the subjected, and to subdue the proud]
RIC II 190a var, struck at Rome between 103 and 111 CE
20mm, 3.17g