322, Lot: 513. Estimate $100. Sold for $140. This amount does not include the buyer’s fee.

Gaius (Caligula). AD 37-41. Æ Quadrans (18mm, 2.54 g, 6h). Rome mint. Struck AD 40-41. Pileus between S C / Legend around RCC. RIC I 52. Good VF, green patina with touches of reddish-brown, some light smoothing.

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).