324, Lot: 359. Estimate $100. Sold for $135. This amount does not include the buyer’s fee.

Gaius (Caligula). AD 37-41. Æ Quadrans (17mm, 3.18 g, 5h). Rome mint. Struck AD 39. Legend around pileus between S C / Legend around R C C. RIC I 39. VF, green and brown patina.

This series of quadrantes commemorated the abolition of 0.5% tax remaining from an original 1% tax created by Augustus. The first half was removed by Tiberius. RCC stands for remissa ducentesima, or “removal of 1/200” [tax]. The removal of this burden on the people is symbolized by the pileus (cap of freedeom).