Sale: CNG 61, Lot: 2074. Estimate $7500.  Closing Date: Wednesday, 25 September 2002.  Sold For $5200. This amount does not include the buyer’s fee.

CONSTANTINE I. 307-337 AD. AV Aureus (4.63 gm). Struck 312-313. Trier mint. Laureate head right / Alemannia seated in mourning below trophy; ALEMANNIA in exergue. RIC VI 823; Depeyrot 18/2; Alföldi 19. EF, tiny edge crack, reverse graffiti. Extremely Rare. ($7,500)

During the early part of his reign, Constantine not only had to contend with the internal power struggles of Roman imperial politics, but was also constantly occupied in campaigns against the Franks and Alemanni. This coin records victories against the latter group. According to Depeyrot, this type could have been issued as late as 315 or slightly afterwards.