Augustus

Denarius · Silver

RIC I² 49

Obverse

Head of Augustus, oak-wreathed, left

Reverse

Victory standing front, holding shield

Historical Note

Victory holds a shield — the simplest form of the post-Actium Victory imagery. The shield likely represents the Clipeus Virtutis awarded in 27 BC. This unadorned version circulated alongside more detailed variants, producing a consistent Augustan message across different coin series.