![]() ![]() The Triumvirate was eventually torn apart by the competing ambitions of its members Lepidus was exiled in 36 BC, and Antony was defeated by Octavian at the Battle of Actium in 31 BC. Following their victory at the Battle of Philippi (42 BC), the Triumvirate divided the Roman Republic among themselves and ruled as de facto dictators. He, Mark Antony and Marcus Lepidus formed the Second Triumvirate to defeat the assassins of Caesar. His maternal great-uncle Julius Caesar was assassinated in 44 BC, and Octavius was named in Caesar's will as his adopted son and heir as a result, he inherited Caesar's name, estate, and the loyalty of his legions. ![]() Gaius Octavius was born into an old and wealthy equestrian branch of the plebeian gens Octavia. The Principate system of imperial rule established by Augustus lasted until the Crisis of the Third Century. The reign of Augustus initiated an imperial cult as well as an era associated with imperial peace, the Pax Romana or Pax Augusta, in which the Roman world was largely free of armed conflict aside from expansionary wars and the Year of the Four Emperors. “It is the undisputed masterpiece of ancient coinage.”Ĭredits: Images courtesy of Numismatic Guaranty Corporation.Caesar Augustus (born Gaius Octavius 23 September 63 BC – 19 August AD 14), also known as Octavian, was the founder of the Roman Empire he reigned as the first Roman emperor from 27 BC until his death in AD 14. “It’s a small gold coin with huge historical and collector value,” added Salzberg. The cap’s image was a symbolic statement that Rome was liberated after the assassination of the tyrant dictator. “The conservative pre-auction estimate is £500,000 ($647,173), but considering the coin’s rarity, artistry and fabled place in history, I would not be surprised if it sold for several million,” predicted Salzberg.Īdding to its appeal, the coin is still in mint condition, according to NGC’s experts, despite its being more than 2,000 years old.īetween the two daggers on the back of the coin is a “pileus” - a cap of liberty traditionally given to Roman slaves when they were freed. According to the auction house, this previously unrecorded coin was closely held in a private European collection for many years.
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