Theodora – 2nd Wife

Theodora

Stepmother of Constantine
Stepdaughter of Maximianus


Flavia Maximiana Theodora was the stepdaughter of Maximianus. Theodora’s parents were Afranius Hannibalianus and Eutropia who later became the wife of Maximianus. Theodora’s real father, Hannibalianus, was consul in 292 AD, and had been the Praetorian Prefect under Diocletian. Theodora was married to Constantius I (father of Constantine the Great) in 293 AD following his forced divorce from his wife Helena. Their union resulted in six children, Hannibalianus, the future Emperor Julian II, Delmatius,Constantia, Eutropia and Anastasia.

Theodora was largely ignored by her stepson Constantine the Great. Nonetheless, the children of Theodora were very much a part of the court of Constantine and would ultimately share in the dynastic heritage.


Monetary System

Note: Theodora was accorded no coinage during her lifetime, but was honored posthumously after 337 AD by Constantine’s three sons. It is curious that she is given the title Augusta on these issues, as presumably she never bore it during her lifetime.

Mints: London, Treveri, Lugdunum, Arelate, Ticinum, Aquileia, Rome, Siscia, Sirmium, Thessalonica, Heraclea, Constantinople, Nicomedia, Cyzicus, Antioch, Alexandria

Obverse Legends:

FL MAX THEODORAE AVG


DENOMINATIONS

Æ ¼ Centenionalis

Constantius I – 305-306 AD

Constantius I Chlorus

Constantius-I-Bust Berlin

305 – 306 AD
As Caesar, 293 – 305 AD


Flavius Valerius Constantius I Chlorus was most likely born in the Danube region. Constantius apparently fell in love with an innkeeper’s daughter named Helena in Naissus located in Upper Dacia. This is the location of the birth of their first son who would later become known to history as Constantine I the Great. Despite later claims of being a descendant of the former Emperor Claudius II Gothicus by his son Constantine, there was no connection whatsoever and the story was merely a fictitious tale created to legitimize Constantine’s ambition for power.

Little is known of the early career of Constantius Chlorus. He had risen in stature to become Governor of Dalmatia. Following the death of Numerian, Diocletian, who had been commander of the Praetorian Guard, was proclaimed Emperor by the troops in 284 AD and following the assassination of Carinus, emerged as sole ruler of the Roman Empire by 285 AD. Obviously, Constantius Chlorus must have proven himself to be a loyal and trustworthy military leader. Sometime prior to 293 AD, Constantius had risen to the position of Prefect of the Praetorian Guard under Diocletian. Another military leader came to power named Maximianus when a revolt broke out in Gaul and Diocletian sent him against Amandus and Aelianus. Upon his successful conquest over the Gaulish usurpers, Maximianus was given the rank of co-Augustus by Diocletian in 286 AD.

Diocletian’s abilities were much more so in the field of reform and statesmanship, while Maximianus was the popular leader among the Army. It was thus Diocletian’s vision of a stable rule by establishing a system that became known as the Tetrarchy whereby two joint Augustii would rule with two junior Caesars as heirs in the wings who served as Consuls. It was during that time when Constantius chose to follow his ambition by divorcing Helena in favor of a marriage link with the new co-ruler, Maximianus with his daughter Theodora.

In 293 AD, Constantius was admitted to Diocletian’s new vision by being raised to the rank of Caesar. It was therefore his role to serve under Maximianus in the West while Diocletian concentrated on ruling the Eastern provinces. At the same time, Galerius, another leader who had risen through the ranks of the military, was also given the rank of Caesar. Galerius also divorced his wife and married Valeria, the daughter of Diocletian. It was at this time that the Tetrarchy was created.

 Discovered in the Arras Hoard

Constantius’ first task was to regain the territories under the usurper Carausius – Britain and part of Gaul. Maximianus had tried to defeat Carausius with little success, therefore the task now fell to Constantius. His first move was to blockade Carausius’ stronghold in northern Gaul – Gesoriacum (modern Boulogne) in 293AD. Carausius later died at the hands of his own ambitious minister Allectus before Constantius was prepared to invade Britain. Finally, in 296 AD, Constantius began his invasion but personally was unable to land. A second fleet, commanded by Asclepiodotus (Praetorian Prefect to Constantius), succeeded to not only land, but also engaged and defeated Allectus. The glory, however, still went to Constantius as this gold medallion illustrates. Here we see Constantius being portrayed as the savior of London.

During Constantius’ rule, he did much to strengthen the frontier along the Rhine. He also began an extensive building project at Trier, the capital city of Treviri in the Gallia Belgica region. Trier was located on the Moselle River just east of modern day Luxembourg. Trier rose as a major center under Constantius who chose this city to be the center of operations for his new Caesar. Constantius began construction on a large imperial palace which occupied much of the eastern portion of the city. Much of these projects were later completed by his son including the famous Gates of Trier – Porta Nigra.

In 305 AD, Diocletian became the first Emperor to ever abdicate and Maximianus was forced to do the same. Their successors thus became Constantius I Chlorus and Galerius. But the Tetrarchy was already showing signs of strain. Galerius was a ruthless ruler who took great pleasure in persecuting Christians. He held the more powerful East and to strengthen his hand even further, he held Constantius’ son, Constantine the Great, as hostage at his court.

At this time, there was a great barbarian invasion of Britain on the part of the Picts which provided the excuse for Constantius’ request that his son be allowed to join him in defending the Empire. On July 25th, 306 AD, Constantius Chlorus died in Britain at York leaving his son Constantine to face Galerius alone. Constantius himself had won the loyalty and admiration of his own troops which would prove invaluable to his son in his quest for power.


Monetary System

Large Flan Silver Argentius

Mints: Alexandria, Antioch, Aquileia, Carthage, Cyzicus, Heraclea, London, Lugdunum, Nicomedia, Rome, Siscia, Serdica, Ticinum, Treveri

Obverse Legends:

As Caesar

CONSTANTIVS NOB CAES
CONSTANTIVS CAES
CONSTANTIVS NOB C
FL VAL CONSTANTIVS NOB CAES
FL VAL CONSTANTIVS NOB C

As Augustus

CONSTANTIVS P F AVG
CONSTANTIVS AVG
IMP C CONSTANTIVS P F AVG
IMP CONSTANTIVS P F AVG


Monetary Reform

NOTE: The monetary system as employed by Constantius I was that of Diocletian’s Reform.The early issues of the silver argentius display a large wide flan with a weight of about 3.2 grams. This coin quickly became reduced in diameter and weight dropping under 3 grams fairly quickly. The portrait styles became fairly idealized for all members of the Tetrarchy in an attempt to display a unity among the two Augustii and two Caesars.


DENOMINATIONS

As Caesar (293 – 305 AD)

AU DOUBLE Aureus (12.00 grams)
AU Aureus (6.03 grams)
AR Argentius (3.34 grams)
AR Reduced Argentius (small flan 2.9 grams)
Æ Antoninianus
Æ Denarius
Æ Quinarius
Æ Tetradrachm (Egypt 7.07 grams)

Post-Reform Bronze

Æ Follis

As Augustus (305 – 306 AD)

AU Aureus (6.54 grams)
AR Argentius
Æ Antoninianus
Æ Follis
Æ 1/4 Follis


POSTHUMOUS COINAGE

Note: Posthumous coinage in honor of Constantius was issued by Constantine and by his ally Maxentius. Maximianus, Constantius and Galerius were the last emperors to receive divine honors, for after Constantine’s recognition of Christianity the whole concept of deification became impossible. The only exception to this is the enigmatic Divus Constantinus Pater Augusto rum coinage of Constantine himself.

Struck by Maxentius

Æ Follis – (Veiled portrait right)

Struck by Constantine

Æ Follis – (Laurel head right)
Æ Follis – (Laurel and Veiled head right)
ƽ Follis – (Laurel and Veiled head right)
Æ3 Reduced Follis – (Laurel and Veiled head right)
Æ4 Reduced Follis – (Laurel and Veiled head right)

 

Maximianus – 286-305 AD

Maximianus

Maximian-bust

First Reign 286 – 305 AD
Second Reign 306 – 308 AD


Marcus Aurelius Valerius Maximianus was given the rank of co-emperor by Diocletian in the year following the latter’s victory over Carinus. On the division of the empire between the two Augustii his assigned area of responsibility was the West, a task with which he was later assisted by the Caesar Constantius, appointed in 293 AD. At the same timeGalerius was made Caesar in the East, to help Diocletian, thus completing the arrangements for the First Tetrarchy, which lasted until the joint abdication of the two Augustii in 305.

MAX-GC3

Second Reign
306 – 308 AD

Maximianus had been anxious to return to public life ever since his reluctant abdication in 305 AD. He therefore seized the opportunity to associate himself with his son, Maxentius, when the latter was proclaimed emperor in Rome in opposition to Severus II (306 AD). After the defeat of Severus II, Maximianus formed an alliance with Constantine, who married his daughter Fausta in the spring of 307 AD.


Monetary System

Mints: Alexandria, Antioch, Aquileia, Carthage, Clausentum, Cyzicus, Heraclea, London, Lugdunum, Nicomedia, Rome, Siscia, Ticinum, Treveri, Tripolis

Obverse Legends:

First Reign Pre-Reform

IMP MAXIMIANVS AVG
IMP MAXIMIANVS P AVG
IMP MAXIMIANVS P F AVG
IMP C MAXIMIANVS P F AVG
IMP C M A MAXIMIANVS P F AVG
IMP C M AVR VAL MAXIMIANVS P F AVG
IMP C VAL MAXIMIANVS P F AVG

First Reign Post-Reform

MAXIMIANVS AVGVSTVS
IMP MAXIMIANVS AVG
IMP MAXIMIANVS P AVG
IMP MAXIMIANVS P F AVG
IMP C M A MAXIMIANVS P F AVG

Period of Retirement

D N MAXIMIANO FELICISSIMO SEN AVG

Second Reign

MAXIMIANVS P F AVG
IMP MAXIMIANVS P F S AVG
D N MAXIMIANO P F S AVG

Second Retirement

D N MAXIMIANO BAEATISS

Posthumous Coinage

(by Maxentius)

DIVO MAXIMIANO PATRI MAXENTIVS

(by Constantine I)

DIVO MAXIMIANO SEN FORT IMP


DENOMINATIONS

First Reign (286 – 305 AD)

AU Aureus (6.54 grams)
AU Quinarius (6.54 grams)
Æ Antoninianus
Æ Denarius (3.54 grams)
Æ Quinarius (3.54 grams)
Æ As
Æ Semis

Post-Reform

AU Aureus (6.54 grams)
AR Argentius (3.54 grams)
Æ ¼ Follis
Æ Antoninianus

During Retirement (305 – 306 AD)

Æ Follis
Æ ½ Follis

Second Reign (306 – 308 AD)

Maximian-AU-2ndReign

AU Aureus (6.54 grams)
AR Argentius (3.54 grams)
AR ½ Argentius (3.54 grams)
Æ Follis

 

Domitius Domitianus – 296-297 AD

Domitius Domitianus

DomitiusDomitianus-AE-Follis

296-297 AD

Usurper in Lower Egypt


In the year 296 AD, a serious revolt broke out in Upper Egypt, under the leadership of Achilleus. Simultaneously, another revolt broke out in Lower Egypt, where the uprising was directed by Lucius Domitius Domitianus. Confusion has often arisen over these two individuals, and some authorities have mistakenly represented them as one and the same person. The reason for the rebellion would seem to be connected with hardships caused in Egypt by the implementation of Diocletian’s currency reform, a further reason for regarding 296 AD as the date of this measure rather than 294 AD. Domitianus produced an interesting coinage, both in the old style “local” currency, with Greek legends, and the new style folles with Latin inscriptions. Diocletian regarded the rebellion as sufficiently serious to demand his presence in person, and he promptly put an end to the uprising the following year.


Monetary System

Mints: Alexandria

Obverse Legends:

DOMITIVS DOMITIANVS AVG
IMP C L DOMITIVS DOMITIANVS AVG


DENOMINATIONS

AU Aureus
Æ Follis
Æ Egyptian Tetradrachm

Allectus – 293-296 AD

Allectus

Usurper in Britain
293-296AD


Allectus was the chief finance minister (rationalis) to Carausius. Allectus was a very ambitious man. In 293 AD, he was the principal instigator in a plot that ended with the assassination of Carausius. Allectus was said to have been an excellent sailor and soldier. His domain included Britain and parts of Gaul. For three years he ruled supreme over his newly aquired empire. However, Carausius may have defeated Maximian and appeared to have stablized his British empire, but in fact the forces of Rome were still waiting for the right moment.

Constantius I Chlorus (father of Constantine the Great) was raised to the rank of Caesar and as such was quite eager to prove himself. Constantius set his goal as the recovery of Britain, which came within his special area of responsibility within the Tetriarchy. In 296 ad, Constantius set sail for Britain with two Roman fleets in pursuit of his enemy. Allectus reached Britain first after fleeing Gaul. He disembarked in preparation for the coming battle. Near Hampshire, the two forced clashed. Allectus’ legions were routed and shortly thereafter he was killed. The triumph greatly enhanced the status of Constantius within Rome for he had accomplished what Maximian could not.


Monetary System

Mints: London – Aureus, Billion Denarius, Antoninianus, Quinarius, Clausentum – Antoninianus, Quinarius

The identity of the C (sometimes CL) mint, which struck for Carausius and Allectus, is still a matter of considerable dispute. Camulodunum (Colehester) was believed to be the most likely choice. However, on the south coast there was another stronghold of importance – Clausentum (Bitterne). Clausentum was used as a base by the Channel Fleet in defense of Britain. This lends considerable weight to this alternative attribution for the “C” mint mark given the fact that mints were normally associated with military concentrations. There does remain yet a third possibility for this mysterious mint – Glevum (Gloucester). However, if this attribution were correct, then the mint mark would most likely read “G” or “OL”. The strongest candidate is this the city of Clausentum since this mint, unlike London, did not survive the defeat of the rebell state. To date, no gold coins have been discovered with this mint mark.

London mint marks are “ML” and are found on most denominations. Such mint marks thus identify coins of Carausius and Allectus as among the first British coins minted during the Roman era.


Monetary Reform

Allectus issued gold aurei, billon (debased silver)denarius, bronze antoniniani, and a smaller radiate denomination, usually termed “quinanus.” It is clear that while Carausius was first to reintroduce a silver coinage known as the denarius, it is most likely that it was valued significantly higher than the greatly depreciated antoninianus. Allectus appears to have begun the debasement of this denomination under Carausius given the fact that he was finance minister. Coinage baring his own name present yet another indication that economic conditions were far from stable in the new rebel state. The billion denarius is severely debased falling once again in silver content to less than 50%. It is also possible that the radiate “quinarius” is actually the monetary equivilent of the half-antoninianus. If the silver denarius was valued much greater than the antoninianus, then a bronze half-antoninianus would need to be issued. Therefore, this new radiate bust denomination might be more properly termed “restored bronze denarius” rather than as a “quinarius.”

DENOMINATIONS

AU Aureus (4.56 grammes)
AR Denarius (4.62-3.35 grammes)
Æ Antoninianus
Æ Half-Antoninianus (Quinarius)

 

Carausius – 287-293 AD

Carausius

Usurper of Britain
287 – 293 AD


Marcus Aurelius Mausaeus Carausius was a man of humble origin who came from Menapia, an area in Belgium. Nevertheless, he rose through the ranks due to a distinguished career. Carausius gained much fame for his military skills during in the campaigns under the Emperor Maximian against the Franks and the Bagaudae in 286 AD. Maximian was in need of a competent officer who could defeat the Frank and Saxon pirates that had plagued the Channel. Maximian chose Carausius for the job and appointed him commander of the British Channel Fleet.

Carausius proved himself to be a brilliant admiral, but was accused by Maximian of keeping recovered plunder for his personal use as well as pressing captured pirates into service in his own fleet. Maximian thus sentenced Carausius to death. Given his prospects for the future, Carausius set sail for Britain in late 286 or early 287 AD. Upon his arrival, Carausius, declared himself independent of imperial control.

The Britons greeted him with open arms and immediately began a campaign to consolidate his new found power. Carausius quickly seized significant portions of the Gallic coast back on the continent. He also constructed a defense fort along the English coast based upon the design above. Today, the fort at Portchester is the finest surviving Roman fort.

Carausius had several years to make preparations. However, the inevitable finally came during April of 289AD when Maximian marched against this new rebel. Carausius proved his military skill once again and delivered Maximian a crushing defeat and forced the emperor into a humiliating treaty.

The first coinage issues of Carausius were a bit irregular, often with crude designs. Die cutting was not a typical occupation in Britain. After all, London had not previously served as a major Roman mint. Early coinage was also quite crude and hastily executed quite often being over struck on coins of previous emperors. Nonetheless, when Carausius declared his triumph in typical Roman fashion, it included the minting of coinage to advertise his victory.

Carausius began to issue an imperial coinage displaying the presumptuous words: “Carausius and his brothers, Diocletian and Maximian.” The portrait of Carausius was displayed along with that of Diocletian and Maximian side-by-side. This issue, although extremely rare, must have infuriated both Diocletian and Maximian.

Carausius began acting like a Roman Emperor. He resisted the incursions of the Picts, repaired Hadrian’s Wall and kept the regions generally secure. He began to issue coinage in the name of both Diocletian and Maximian proudly displaying the “ML” mint mark for London. The above illustration represents perhaps the first gold coins minted in Britain since the birth of Christ. The Diocletian aureus is unique being the only surviving specimen.

Despite his best efforts at trying to win favor in Rome, Carausius’ administration was still viewed as nothing more than a lawless rebellion. Diocletian was determined to destroy Carausius and regain the territory particularly in the face of the humiliating treaty entered into by Maximian.

Carausius went about reforming his new empire. His monetary reform is most interesting. Carausius issued a silver denarius similar in size, weight and fineness to that of Nero. However, the antoninianus was still made of bronze. It made no sense to issue the denarius in silver unless its value was inherently higher than the antoninianus. This raises the distinct possibility that old silver denarius were in fact still used to some extent and possessed a higher “street” value within society. However, this may have been keeping in line with the monetary reform of Diocletian, which began in 286 AD.

Finally, in 293, the co-emperor Constantius I (Chlorus), Diocletian’s junior partner in the Tetrarchy, launched a major attack against Carausius’ territory in Gaul. Constantius blockaded the port of Gesoriacum (Boulogne) and prepared to lay siege. The city fell by a narrow victory. Constantius encountered great difficulty in trying to retake Gaul, but eventually the entire region was recaptured. Mean while Carausius’ main fleet remained in Britain in preparation for what he knew would be a full scale invasion of Britain itself. This humiliating loss of Gaul caused numerous political difficulties in Britain. His chief finance minister,Allectus, sought to exploit the political opportunity. Allectus plotted against his leader out of ambition and murdered Carausius in 293 AD. Allectus proclaimed himself the new Emperor, but he would eventually be killed when Constantius invaded Britain.


Monetary System

MINTS:

London – [ML] Aureus, Antoninianus
Clausentum ? – [C] Denarius, Antoninianus
Rouen ? – [RSR] Aureus, Denarius, Antoninianus

NOTE: The identity of the C (sometimes CL) mint, which struck for Carausius and Allectus, is still a matter of considerable dispute. Camulodunum (Colehester) was believed to be the most likely choice. However, on the south coast there was another stronghold of importance – Clausentum (Bitterne). Clausentum was used as a base by the Channel Fleet in defense of Britain. This lends considerable weight to this alternative attribution for the “C” mint mark given the fact that mints were normally associated with military concentrations. There does remain yet a third possibility for this mysterious mint – Glevum (Gloucester). However, if this attribution were correct, then the mint mark would most likely read “G” or “OL.” The strongest candidate is the city of Clausentum since this mint, unlike London, did not survive the defeat of the rebel state. To date, no gold coins have been discovered with this mint mark.

London mint marks are “ML” and are found on most denominations. Such mint marks thus identify coins of Carausius and Allectus as among the first British coins minted during the Roman era.

It has also been argued that “RSR” is not a mint mark but rather the mark of an official, the “Rationalis Summae Rei” who was in residence at Carausius’ capital, London (Allectus). Additional reasons for the attribution of the denarius coinage to the capital are the existence of a unique aureus with the mark RSR, and the stylistic similarity between the denani and the London billon. While an interesting argument, style may not be an important factor. It is also possible that die cutters were few and as such could have been concentrated within the capital with dies then being shipped to the other mints. It has also been argued by Guy de la Bedoyere that RSR means “Redeunt Saturnia Regna” suggesting a return to the Golden Age.


MONETARY REFORM

One of the most remarkable innovations of Carausius’ interesting coinage was the reintroduction of good quality silver denani similar to that of Diocletian’s currency reform, which began in 286 AD. The reverse legend proclaims “the Roman Revival,” implying that Carausius himself was far better suited than Maximianus to lead the Roman people into better times. However, what is much more interesting is the fact that Diocletian introduced a silver denarius and NOT a silver antoninianus. Late 3rd century hoards often contain very worn early denarii of Septimius Severus or earlier. Legal documents often still quoted specific prices in terms of denarii. Early 4th century legal documents often specifically state “silver denarii” making a distinction from the obvious debased currency of the late 3rd century period. Carausius’ introduction of the silver denarius may in fact result from a defacto two-tier monetary system, which quite possibly emerged. In other words, Gresham’s law was most likely at work during 3rd century Rome. The hoards of debased currency drove out the older silver denarii from normal daily circulation. However, these old silver denarii perhaps reentered circulation at a premium to that of the current debased issues. If this were the case, it would make sense that Carausius would attempt to strike a silver denarius equal in value to the old silver denarii. Therefore, the silver denarius issued by Carausius is a multiple denomination of the debased bronze antoninianus.


DENOMINATIONS

AU Aureus (4.59 grams)
AR Denarius (4.62-3.35 grams)
Æ Antoninianus

 

Amandus – 285-286 AD

Amandus

Circa 285-286 AD


Nothing is known of Amandus other than a single surviving coin which was in the collection of Sir Arthur Evans according to Roman Imperial Coins (RIC). We do not find Amandus listed among the 30 Tyrants of the Historia Augusta and as such this person remains a mystery.


Monetary System

Mints: Unknown

Obverse Legends:

IMP S AMANDVS P F AVG


DENOMINATIONS

Æ Antoninianus

 

Diocletian – 284-305 AD

Diocletian

284 – 305 AD

Died 316 AD


Gaius Aurelius Valerius Diocletianus was born to a poor family in Dalmatia (ILLYRICUM) during the mid-3rd century AD. Diocletian entered military service where he displayed a talent for leadership prompting his career to advance. By 284 AD, Diocletian became a member of the legions under the Emperor Carus and continued to advance in the ranks reaching the position of the prestigious commander of the elite protectores domestici upon the succession of the Emperor Numerian. It was through this position that the won the trust and loyalty of the legions in the imperial army stationed near Nicomedia. WhenNumerian died under very suspicious circumstances, the soldiers turned to Diocletian demanding vengeance. It is said that many years before, a druidess had once predicted that Diocletian would one day become emperor. However, she also warned that first he would have to slay the boar (aper). Whether this tale is true or not, it is impossible to say with such a distance in time. Nevertheless, the assassin of Numerian was Prefect of the Guard Arrius Aper who was brought before Diocletian, pronounced guilty and executed. According to tradition, once the prophesy was fulfilled (slaying of the “boar”) Diocletian was proclaimed Emperor by the troops.

Diocletian thus began on the road to solidify his claim to the throne. He crossed over the Bosporus in order to confront Numerian’s brother, Carinus. Victory came swiftly 285 AD, and Diocletian emerged as the sole ruler of the entire Roman Empire.

From the outset, Diocletian set about reorganizing the state. He worked over the next several years to bring his vision of a new order to fruition. Diocletian named his old friend, the reliable Maximianus, to be first his Caesar junior partner and then raised him to the rank of Augustus (co-emperor) in 286 AD. Maximianus aided Diocletian in all matters, and the next six years were spent in repairing the frontiers, the state and above all the honor of the Roman Empire, which had been badly damaged by the chaos that dominated the previous 60 years.

MXHERC-G

Diocletian took as his patron the god Jupiter or Jove, and Maximianus chose Hercules. In their names wars were fought in Moesia, Pannonia, Gaul and Syria. With stability reestablished, Diocletian began to initiate the next step in his major program of imperial reform in 293 AD.

DECLSILV - MA-Waterfall

The chaos of succession from one emperor to the next bathed the Roman Empire in its own blood during the 3rd century. The economy collapsed, the silver content of money collapsed, and revenues often disappeared as bad money drove good from circulation precisely according to Gresham’s Law.

DecFall-Denarius

Indeed, the silver coinage was reduced dramatically in size, weight, and silver content. The economy had reverted to barter. Diocletian knew that if Rome was to survive, it had to find a better method of providing for the peaceful transition of power once again. However, to avoid power being passed to an insane son, Diocletian also knew that succession had to be based upon ability rather than hereditary claims.

From these wise observations, Diocletian envisioned a new political order, which became known as the Tetrarchy. This political structure built upon the two ruler concept was attempted even by Carinus and Numerian. However, each Augustus (Emperor) in the East and West would also have a junior partner who held the rank of Caesar. It was Diocletian intent that the two Augustii would retire and then the two Caesars would advance thereby appointing two junior partners once again. While in lose terms, this structure could be argued to be similar to a President and Vice President, it failed to take into consideration that the power still resided within the hands of the military rather than the people. As a result, the best of intentions would not fulfill the dreams of Diocletian in the long-run.

Tetrarchy-Medallion

The Tetrarchy was thus born with the two Augustii, Diocletian and Maximianus, being joined by the appointment of two Caesars; Galerius and Constantius I Chlorus. Diocletian and Galerius would rule in the East, and Maximian and Constantius I in the West. The Empire was still one entity, but from now on the administration (under a Tetrarchy) would be better organized. As for the succession, this still remained to be tested.

With the political reforms in place, Diocletian then turned to the huge task of reforming the imperial government and military. Legions were changed to fit the adjustments in the provinces. Each ruler, the two Augustii and the two Caesars, wielded a field army or the Comitatenses along with calvary and a new guard, the Scholae Palatinae, who replaced the now reduced Praetorian Guard. This military force would travel with the Emperor and was used specifically to strengthen the frontier troops (Limitanei) watching the borders when necessary. Any invasion on the part of the barbarians, even if successful in piercing the frontier defenses, would be destroyed by this vast personal imperial force (Comitatenses) and any additional Limitanei who might be deployed temporarily to the region of conflict.

Diocletian’s military reforms completely reorganized the chaotic structure of the legions, thereby reducing the often dangerous effect of legions being summoned by an Emperor and then revolting on behalf of their own general. This major military reorganization proved to be a stunning success in the numerous campaigns launched during Diocletian’s reign against Persia, Achilleus in Egypt, and in Britain where Carausius followed by Allectussought to reestablish independence.

Diocletian also instituted reforms within the provincial system as well. The number of provinces was actually doubled and each province was included in the larger, DIOCESE unit, which came under the control of very powerful governors who, in turn, answered to one of each Emperor’s four Praetorian Prefects. This reformed system remained in place for many years and contributed to a more stable and efficient central administration, which was also seen as a deterrent against potential tyranny.

Diocletian also included Italy in his reform program and as such Italy was added to a diocese, which ended its unique centuries old status of being exempt from direct taxes, rules and regulations. Diocletian also realized that there would be fierce internal resentment within Rome once it lost its tax-free status and privileges. Consequently, Diocletian avoided the potential political traps so common in Rome by moving the capital to Ravenna, just outside of Milan. In the East, the capital was established at Nicomedia in Bithynia as his initial residence before moving to Antioch at the start of the Tetrarchy. Diocletian finally visited Rome in 303 AD and then only to celebrate the anniversary of his accession. Rome played no part in his grand plans and he saw it as the source of ages of corruption. Still, Diocletian gave Rome many gifts, including a new curia and the Baths of Diocletian. Diocletian also embarked on major building projects across the Empire and he particularly encouraged the opening of more schools. He also saw the vast influx of immigrants had led to the demise of communication and efficiency and worked hard to require Latin as the first official language of the Roman Empire.

Edict Diocletian

Diocletian’s Wage & Price Controls

The political instability of the 3rd century had also caused massive inflation, which drove silver completely out of circulation. Thus, Diocletian instituted the first attempt by a government to impose wage and price controls. In 301 AD, Diocletian issued his famous Edict (Edictum De Pretiis Rerum Venalium) which fixed a maximum price for goods and services. While we do not have a complete version of this edict, fragments have been found in 30 ancient cities. It begins by stating its purpose was to instill price-restraints and put an end to price-speculation by profiteers. This gives us some insight confirming that speculation was rampant throughout the 3rd century as tangible goods and property rose in terms of nominal currency. This is a natural economic consequence, which has been documented throughout recorded history right up into modern times with the hyperinflation of Germany in the 20th century to the huge inflationary spiral unleashed during the 1970’s following the abandonment of the gold standard and fixed exchange rates in 1971.

Diocletian’s attempt at wage and prices controls had the same success rate as those of Richard Nixon in the 1970’s – both failed! Lactantius commented at the time that the edict drove goods off the market creating an even larger black market. It is clear that the edict was not so much a ceiling for prices as it was an attempt to lower prices. Still, with this unrealistic approach at curbing price inflation, the edict reflected as much as a 7300% increase in the price of wheat from the previous century. Given the conservative attempt of the edict to control prices suggests that inflation must have been significantly higher, perhaps even in excess of 10,000% during the 3rd century AD. A papyrus of 335 AD shows wheat prices 6300% higher than the attempted ceiling of Diocletian’s edict, which warns that this attempt at wage and price controls was not successful. There is little doubt that this economic trend is very similar to modern economic history when silver was driven out of world coinage between 1965 – 1968 as inflation exploded and the national debt rose by more than 6000% by 1997.

Diocletian-AUPre-PostReform(2)

Diocletian’s Monetary Reforms

Diocletian’s monetary reforms most likely took place as a series of events perhaps over a 10-year period. His first step was to reestablish the gold aureus, which was struck at 60 to the pound (5.45 grams), whereas it had begun to suffer from weight reductions particularly during the reign of Valerian I. However, the aureus had risen in weight once again under Aurelian and by the time of Diocletian’s reign the aureus was being struck loosely at 70 to the roman pound of gold (4.67 grams). Diocletian’s reform was in effect a weight increase in an attempt to reduce inflation.

Diocletian-Argentius

Next, Diocletian attempted to reestablish the base unit of the monetary system – the denarius. A new silver denarius was issued with about the same weight and fineness of that of the denarii during the reign of Nero – 96 to the pound (3.41 grams). It appears that this coin was simply called the argentius meaning silver. In documents that have survived from this period, it is clear that there are references made to “denarii” and “argentius denarii” stressing the difference in obvious value. It is also important to note that the denarii, which had been so debased as to become merely a bronze token coinage similar to what we would call a penny, may not have purchased very much at all. However, units of value were still expressed in terms of this debased coinage. This is similar to the Lira or Yen, which today are worthless in a single unit yet value still continues to be calculated in Yen or Lira but only in multiples of 100’s, 1,000’s, 10,000’s and so on.

DecFollis295-348AD

By 294 AD, the bronze coinage underwent a major reform. A new denomination similar in size and weight to the As of the Julio-Claudian period was issued known as the Follis. This reform saw a steady debasement until the bronze coinage eventually collapsed once again. It has been suggested that the following relationships may have prevailed:

AU Aureus = 24 Argentii
AR Argentius = 5 AE Follis
AE Follis = 5 Antoninianus
Antoninianus = 2 denarii

Post-Reform

The “XXI” marking, first established in the reform of Aurelian, was removed from the new reformed antoninianus and placed on the new follis. Metal analysis confirms that the follis contained on average about 4% silver whereas the reform antoninianus had little if any to speak of. Therefore, 5 follis may have indeed been equal to 1 (silver) argentius. However, with decades of massively produced debased antoninianii in circulation, that portion of the money supply had to still fit within the current monetary system. It could not be replaced nor could it be cancelled.

The question that arises is simple. What exchange rate prevailed between the old antoninianus and the new follis? If we assumed a perfect world and the outstanding antoninianii were all 20% silver as prescribed by Aurelian’s reform, then 5 antoninianii contained 4 grams of silver. The follis, although larger in size and with a weight of 10 grams, should have contained only 2 grams of silver. If indeed, the relationship between the denominations was as stated previously, then the follis was too heavy. Indeed, silver began to disappear and the follis fell 30% in weight by 308 AD. By 309 – 310 AD, the argentius declined in silver content to less than 50% and began to take on the appearance of a bronze coin once more.

Persecution Christians

The Persecution of Christians

From Diocletian’s perspective, the Christian movement gained untold momentum. Within less than 20 years Christianity would become the official religion of the Roman Empire. What Diocletian saw was economic and social chaos and his solution was to reestablish the state religions and to persecute the Christians as if it were a punishment for destabilizing the state. Of course the Christian movement had nothing to do with undermining the state, its frontiers, monetary system of the succession of ruler after ruler during the 3rd century. If anything, it was this very chaos that drove a greater number of the population into Christianity which at least offered hope and comfort. Thus, in 303 Diocletian issued another edict, which began the last great period of persecution. Assemblies were forbidden, churches were destroyed and the Scriptures burned. Eventually sacrifices to the imperial cult were required of all citizens, especially the Christian priests, who were arrested when they refused.

DiocletianPalace(2)

In 304 AD, Diocletian suffered an illness which helped to convince him that it was time for him to relinquish his powers. On May 1, 305, Diocletian abdicated, convincing the reluctant Maximian to join him. Galeriusand Constantius I followed as the two Augustii. Content that the Empire would be be capable hands, Diocletian retired to an estate of great luxury in Illyricum, at SPLIT. There he spent most of his time in his gardens, growing his favorite vegetables.

In 308 AD, the political reforms that he instituted were tearing the Tetrarchy apart. He was summoned in 308 by Galerius to Carnuntum where he was offered the throne once again, but refused. Diocletian’s last years were spent watching in frustration as Constantine IMaxentius and others slaughtered one another in the name of ambition and the Empire. Roman blood was once again splashed over the landscape of the Empire. Diocletian finally died in 316 AD. He lived long enough to see his monetary, social and political reforms go up in flames.

Still, Diocletian’s efforts served as a model for Constantine I the Great who also reformed the economy, monetary system and the government following Diocletian’s ideas of a centralized government. Eventually, Diocletian’s basic reforms also provided the direction for the Byzantine Empire which also attempted to control everything within its realm. Indeed, Diocletian had proved himself to be a brilliant administrator and an excellent general. What he did not know was that became the architect of imperialism into the 5th century and beyond.


Diocletian-Hoard

Monetary System

 

Mints: Alexandria, Antioch, Arelate, Constantinople, Cyzicus, Heraclea, London, Lugdunum, Nicomedia, Rome, Siscia, Sirmium, Thessalonica, Ticinum, Treveri

Obverse Legends:

DIOCLETIANVS AVG
DIOCLETIANVS P F AVG
IMP DIOCLETIANVS AVG
IMP DIOCLETIANVS P F AVG
IMP C DIOCLETIANVS P F AVG
IMP C C VAL DIOCLETIANVS P F AVG

After Abdication

D N DIOCLETIANO BAEATIS
D N DIOCLETIANO FELICISSIMO SEN AVG
D N DIOCLETIANO P F S AVG
D N DIOCLETIANO FELICIS


DENOMINATIONS

Diocletian Pre-Reform Denominations

Pre-Reform

AU Aureus (4.67 grams)
AU Quinarius (2.33 grams)
Æ HEAVY Antoninianus (4.8 grams)
Æ Antoninianus (3.67-2.8 grams)
Æ Denarius (2.09 grams)
Æ Quinarius (1.5-2.17 grams)
Æ Semis

REF-DEN

Post-Reform

AU Aureus (5.45 grams)
AR Argentius (3.32 grams)
AR Reduced Argentius (2.4 grams)
Æ Follis (10.1 grams)
Æ Antoninianus (4.6 grams)

After Abdication

Æ Follis (10.1 grams)
Æ 1/2 Follis
Æ 1/4 Follis

Julian Of Pannonia – 284-285 AD

Julian

Usurper of Pannonia
285 AD


Marcus Aurelius Julianus was most likely the governor Moesia. Following the death of the emperor Carus and Numerian, that the empire fell into the hands of Carinus as sole ruler. The turmoil and economic conditions of the empire we still in a state of flux and no doubt this led to Julian successfully mounting a force in a rebellion against Carinus from Pannonia in 284 AD. Julianus gathered his forced an marched against Rome and its unpopular emperor. Julian was met by Carinus near Verona early in 285 AD. Being greatly outnumbered, Julian was defeated and slain.


Monetary System

Mints: Siscia

Obverse Legends:

IMP C IVLIANVS PF AVG
IMP CM AVR IVLIANVS PF AVG


DENOMINATIONS

AU Aureus (6.54 grams)
Æ Antoninianus

 

Nigrinian – Son

Nigrinian

Son of Carinus
Circa 283 – 285 AD


Nigrinian was most likely the son of Carinus and Magnia Urbica. He is only known to history through his rare posthumous coinage. It is not known whether or not he died while his father was Emperor or perhaps prior to him assuming the throne.


Monetary System

Mints: Rome, Lugdunum, Ticinum, Siscia Cyzicus, Antioch, Tripolis

Obverse Legends:

DIVO NIGRINIANO

Reverse Types:

Only two reverse types are known

1) Eagle standing head left
2) Altar


DENOMINATIONS

AU Aureus
Æ Antoninianus