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The Caesarians. Julius Caesar. February-March 44 BC. AR Denarius (17mm, 3.85 g, 8h). Lifetime issue. Rome mint; P. Sepullius Macer, moneyer. Laureate and veiled head right; CAESAR downward to right, DICT PER[PETVO] upward to left / Venus Victrix standing left, holding Victory in extended right hand and vertical scepter in left; shield set on ground to right; P • SEPVLLIVS downward to right, MACER downward to left. Crawford 480/13; Alföldi Type IX, 64 (A30/R29); CRI 107d; Sydenham 1074; RSC 39; RBW 1685. Light tone, minor weakness on reverse. Good VF.

P. Sepullius Macer was the most prolific of the moneyers striking Julius Caesar’s portrait coinage in 44 BC, with a remarkable number of subtle variations. Virtually nothing is known about him aside from his evident support for the Caesarians, as he struck coins for Mark Antony as well. Many of his coins show signs of being struck in great haste, probably reflecting preparations for Caesar’s planned Parthian campaign. Veiled portraits, such as this example, allude to Caesar’s role as Pontifex Maximus and do not necessarily mean the portrait is posthumous, although some varieties clearly were struck after the Ides of March.