Sale: Triton VII, Lot: 1049. Estimate $5000.  Closing Date: Monday, 12 January 2004.  Sold For $4500. This amount does not include the buyer’s fee.

CONSTANTINE I. 307-337 AD. AV Solidus (4.52 gm). Antioch mint. Struck 324-325 AD. CONSTANT-INVS P F AVG, laureate head right / AOVENTVS (sic) AVGVSTI N, Constantine on horseback left, raising right hand and holding spear; SMAN. RIC VII 48 var. (reverse legend, star on reverse); Alföldi 5 var. (same); Depeyrot 41/1 var. (same). EF. Unpublished variety. [See color enlargement on plate 19] ($5000)

Following the defeat of Licinius in mid 324 AD, Constantine increased production in the eastern mints in order to pay the costs of his increased spending. The rapid increase in coinage resulted in frequent mintmark and reverse legend variations.