CNG 85, Lot: 818. Estimate $1500. Sold for $1900. This amount does not include the buyer’s fee.

Julius Caesar. 49-48 BC. AR Denarius (17mm, 4.02 g, 12h). Military mint traveling with Caesar. Elephant advancing right, trampling on horned serpent / Emblems of the pontificate: simpulum, aspergillum, securis, and apex. Crawford 443/1; CRI 9; Sydenham 1006; RSC 49. Superb EF, toned. Boldly struck elephant.

Julius Caesar and his armies assembled on the banks of the Rubicon River on 10 January 49 BC, ready to invade Italy. Since large quantities of denarii were necessary to pay Caesar's military expenses, the mint traveled with them. This issue was ordered, not by a moneyer, as was usual, but by Julius Caesar himself. The obverse clearly depicts the triumph of good over evil, numismatic propaganda designed to encourage Caesar's soldiers during the long, intense campaign. The reverse, depicting priestly emblems, tells of Caesar's office as Pontifex Maximus, high priest. In all likelihood, this type was used by Caesar's military forces at least until the decisive battle of Pharsalus.