424, Lot: 394. Estimate $75. Sold for $45. This amount does not include the buyer’s fee.

Augustus. 27 BC-AD 14. Æ As (25.5mm, 9.80 g). Ephesus(?) mint. Struck circa 25 BC. Bare head right; countermarks: AVG in rectangular incuse and TI CÆ in rectangular incuse / Legend within wreath. For Coin: Cf. RIC I 485-6; for countermarks: Pangerl 83 and 90. Host Coin Fair, brown patina, some red and green; countermarks Near VF.

From the WRG Collection.

Rodolfo Martini states in The Pangerl Collection Catalog and Commentary on the Countermarked Roman Imperial Coins that these two countermarks (Pangerl 83 and 90) are closely linked, “like the most important countermarks from the Moesia-Thrace area and must be dated to the Flavian period rather than the Tiberian era.”