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Research Coins: Electronic Auction

 
291, Lot: 287. Estimate $100.
Sold for $120. This amount does not include the buyer’s fee.

EGYPT, Alexandria. Trajan. AD 98-117. Æ Drachm (33mm, 14.99 g, 12h). Dated RY 2 (AD 98/9). Laureate head right / Nile reclining left on crocodile, holding cornucopia and reed; Iς above, L B (date) in exergue. Köln 442-4; Dattari (Savio) 972-4; K&G 27.9. Good Fine, green patina, earthen highlights.


The “Iς” on the reverse represents 16 cubits on the Nilometer, the gauge which measured the annual flood crest of the Nile, with 16 being the ideal point for the agriculture of the Nile valley. Lower than 16 cubits brought the danger of drought conditions, much higher and there was the possibility of damaging floods.