The Ancient World Collection
Roman Empire, 238 AD

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Coin Details

Origin/Country: ANCIENT - ROMAN EMPIRE (1st CENT BC - 5th CENT AD) ROMAN EMPIRE Pupienus, AD 238
Design Description: Pupienus Denarius w/Fine Style
Item Description: AR Denarius rv Pax std.
Full Grade: NGC MS Strike: 5/5 Surface: 5/5
Owner: Kohaku

Set Details

Custom Sets: The Ancient World Collection
The Roman Empire
Competitive Sets: This coin is not competing in any sets.
Research: NGC Coin Price Guide

Owner Comments:

The year 238 AD was particularly hazardous for Roman Emperors. The first to wear the purple that year was Maximinus Thrax, who focused on battling Rome’s enemies and keeping his troops well contented, i.e. well compensated. To bankroll his military exploits, Maximinus leveraged the civilian population through hefty taxes and confiscation of wealth. Not surprisingly, these oppressive policies were not well received, particular among Rome’s elite who had the most to lose. The situation led to a revolt in the Africa province, during which Gordian I, and his son Gordian II, were proclaimed co-Augusti. The Senate confirmed the appointments. Begging to differ, however, the incumbent Augustus collected his troops from the eastern front and marched to Rome.

Within weeks, the African rebellion was quashed by forces from a neighboring province. Despite the Gordians' demise — the 238 AD imperial death-toll registered at two — Maximinus still marched towards Rome, no less interested in punishing the Senate who had betrayed him. Meanwhile back in Rome, nervous Senators formed a committee to organize a defense. Within this group, two were chosen and confirmed as the next co-Augusti: Balbinus and Pupienus (died 238 AD). Why these two elderly men earned the throne is not certain, although both had extensive leadership experience. Perhaps the duo actively sought power, or perhaps they drew short straws. After all, being Emperor was risky business.

Prior to his ascension, Pupienus forged an impressive political career, having previously held numerous high offices. These posts included consul (twice), governor (over several different provinces), and Urban Prefect of Rome. While serving the latter role, Pupienus earned a reputation for severity. Therefore, some Romans viewed the new imperial team with distaste. To improve their image and promote calm, Pupienus and Balbinus named Gordian I’s young grandson as heir (Caesar). Having nominated the young Gordian III, the reign of Pupienus and Balbinus might now be viewed more favorably, in the context of a guardianship. More importantly, with the Gordian’s family wealth added to the imperial coffers, the co-Augusti distributed a cash bonus to the Roman population.

To further promote peace and harmony, not to mention advertise their imperial status, Pupienus and Balbinus also struck coins. Since their reign lasted only three months, coins produced by these co-Augusti are rather rare. The current coin is an example Pupienus denarius with a particularly high quality of craftsmanship, earning a prestigious Fine Style designation by NGC Ancients. The obverse depicts Pupienus as co-Augustus, in traditional laureate, draped, and cuirassed style. On the reverse sits Pax, the Roman goddess epitomizing peace, holding an olive branch and a scepter. The epithet, PAX PVBLICA, was meant to promote peace among the populace.

If this coin represented a peace offering, Maximinus ignored it and kept coming the Senate’s way. Out to meet him marched Pupienus, while Balbinus remained in Rome, attending to its civic administration. Pupienus and the local Italian legions practiced a “scorched earth” strategy, burning lands ahead of the Maximinus advance. As a result, Maximinus’ troops found themselves on the brink of starvation, and they decided it best to murder their leader — the 238 AD Augusti death toll rose to three, and counting. Victorious without even a fight, Pupienus returned to Rome accompanied by new, burly bodyguards: ex-Maximinus' murderous German legions, now quite grateful to receive food and donatives provided by their new employer.

Pupienus returned to a Rome where Balbinus had failed to maintain public order. The situation deteriorated to the point that rioting and fires plagued the Eternal City. While it seemed that Pupienus’ return with news of Maximinus’ death would provide calm, any stabilizing effect proved rather short-lived. Balbinus felt threatened by his colleague’s success, not to mention those new, burly bodyguards. The latter provoked the Praetorian Guard, who viewed them as a threat to their traditional role as the Emperor’s protectorate. Indeed, Pupienus made the case that the new bodyguards should be employed more widely as a precaution against the Praetorians. Balbinus resisted, suspicious of his co-Augustus’ designs to have him disposed. During one argumentative imperial conclave, the Praetorians rushed in and executed the pair before they could call for aid — a new, inglorious record of five slain Emperors had been set, and Gordian III became the sixth person to sit on Rome's throne in 238 AD.

Coin Details: ROMAN EMPIRE, Pupienus, 238 AD, AR Denarius (20 mm, 3.64 g, 12h), Rome mint, 1st emission, NGC Grade: MS*, Strike: 5/5, Surface: 5/5, Fine Style, Obverse: Laureate, draped, and cuirassed bust right, IMP C M CLOD PVPIENVS AVG, Reverse: Pax seated left with branch & scepter, PAX PVBLICA, References: RIC IV 4; RSC 22; BMCRE 46-7.

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