SOLD
15,000.00CHF+ (2,475.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2010 Mar 24 @ 16:25UTC+1
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The Roman Empire. Magnus Maximus, 383–388. Solidus, Londinium-Augusta 387-388, AV 4.42g. D N MAG MA–XIMVS P F AVG Rosette-diademed, draped and cuirassed bust r. Rev. VICTOR–IA AVGG Two emperors seated on throne, holding globe between them; behind, Victory with outspread wings. Below, palm branch; in exergue, AVGOB. C 9. RIC 2b. Depeyrot 3/1. Very rare and an issue of great historical importance. Scratch on cheek, otherwise about extremely fine / extremely fine. This extremely rare issue has been ground of confrontation among scholars, in that the attribution of the coins bearing the mint-name AVG to Londinium Augusta is not universally accepted. The first one to advance this hypothesis was Sir Arthur Evans in NC 1915, but his ideas were considered unacceptable first by George Elmer, in NZ 1934, and then by Friedrich Mayreder, in NC 1947. They instead suggested Augustodunum, basing their argument on the assumption that coinage in precious metal, at the time, always implied the presence or immediate closeness of the Emperor, and that Maximus never visited Britain after 383. This attribution has not been accepted by Pearce in RIC vol. IX. As soon as Maximus raised to the rank of augustus in Britain, we might reasonably expect to find his earliest coinage coming from a British mint, which could have been only Londinium. Since it is evident the importance for Maximus to strike coins for propagandistic reasons and to pay donatives to the soldier, we do not understand why the work of the mint should have been stopped after this earlier issue. Our coin belongs to the second issue, which is extremely difficult to date. In it we find no trace of the previous policy of Maximus of dissociating himself from the coinage of Gratian, whose types and styles of mint mark (with OB and PS) are now carried over by him. It also quite interesting to notice the presence on the reverse of the legend VICTORIA AVGG; in fact it is quite difficult to establish who is the second Augustus implied in the legend. It is most probably Theodiusius and and this means that the “Senior Augustus” Valentinian II is ignored. Is there implicit in the matter a claim of Maximus to the whole Valentinian I 's inheritance ? Arthur Evans in NC 1915, but his ideas were considered unacceptable first by George Elmer, in NZ 1934, and then by Friedrich Mayreder, in NC 1947. They instead suggested Augustodunum, basing their argument on the assumption that coinage in precious metal, at the time, always implied the presence or immediate closeness of the Emperor, and that Maximus never visited Britain after 383. This attribution has not been accepted by Pearce in RIC vol. IX. As soon as Maximus raised to the rank of augustus in Britain, we might reasonably expect to find his earliest coinage coming from a British mint, which could have been only Londinium. Since it is evident the importance for Maximus to strike coins for propagandistic reasons and to pay donatives to the soldier, we do not understand why the work of the mint should have been stopped after this earlier issue. Our coin belongs to the second issue, which is extremely difficult to date. In it we find no trace of the previous policy of Maximus of dissociating himself from the coinage of Gratian, whose types and styles of mint mark (with OB and PS) are now carried over by him. It also quite interesting to notice the presence on the reverse of the legend VICTORIA AVGG; in fact it is quite difficult to establish who is the second Augustus implied in the legend. It is most probably Theodiusius and and this means that the “Senior Augustus” Valentinian II is ignored. Is there implicit in the matter a claim of Maximus to the whole Valentinian I 's inheritance ?
Auction Location:
Hotel Baur au Lac, Talstrasse 1, Zurich, 8001, Switzerland
Previewing Details:
in London: February 22 to March 8, 2010
in Zurich: March 23, 2010
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
16.5% |
Additional Fees:
Shipping Details:
The coins will be dispatched by registered, insured and priority mail for the account and the risk of the purchaser. The purchaser is responsible for any dues or taxes outside of Switzerland and is advised to acquaint himself with the formalities.
Payment Details:
After the auction invoices will be sent to the successful buyers. Payment instructions are found on the invoice.
Terms and Conditions:
English:
The following conditions are acknowledged by all persons participating in the auction:
The estimates are in Swiss Francs. The opening bids will be about 80% of estimate, unless there are higher offers. The purchase price plus a commission of 16.5% is due and payable in Swiss currency. For lots delivered in Switzerland, VAT of 7.6% will be added to the total (hammer price together with auctioneer's commission and sending charges). Gold coins (AV) are free of VAT. The total price is due after the final bid and payable on delivery. A default interest of 1% per month on the purchase price will be charged for delayed payments. Adjudication ensues after the highest bid has been called three times, and commits the bidder to accept the coins. Written bids have preference over room bids. The buyer cannot claim to act on behalf of a third person. The authenticity of the coins is unconditionally guaranteed, without time limit. All identifications of the items sold in this catalogue are statements of opinion and made in good faith. The coins will be dispatched by registered and insured mail for the account and the risk of the purchaser. The purchaser is responsible for any dues or taxes outside of Switzerland and is advised to acquaint himself with the formalities. The auctioneer cannot be responsible for contraventions. The auction is held in Zurich and any legal questions arising shall be determined in Zurich. A buyer consigning commissions or executing room bids acknowledges the acceptance of the above conditions. The usual conditions applied to auction sales held in Zurich are here reiterated. The above mentioned conditions are written in German, French and English; the only valid text is the German one.
German:
Mit der Teilnahme an der Versteigerung werden folgende Bestimmungen anerkannt:
Die angegebenen Preise sind Schätzpreise in Schweizer Franken. Der Ausruf erfolgt in der Regel bei 80%, sofern nicht höhere Angebote vorliegen. Auf den Zuschlagspreis ist ein Aufgeld von 16.5% zu entrichten; für Auslieferungen in der Schweiz erhöht sich der Endpreis (Zuschlagspreis + Aufgeld und Versandspesen) um die MWSt von 7,6%. Goldmünzen (AV) sind von der MWSt befreit. Der Gesamtpreis ist nach erfolgtem Zuschlag fällig und bei der Aushändigung in Schweizer Franken zu bezahlen. Für verspätete Zahlungen wird ein Verzugszins von 1% pro Monat in Rechnung gestellt. Der Zuschlag erfolgt nach dreimaligem Aufruf des höchsten Gebotes und verpflichtet zur Annahme. Schriftliche Gebote haben den Vorrang. Jeder Ersteigerer verpflichtet sich für die durch ihn getätigten Käufe persönlich. Er kann nicht geltend machen, für Rechnung Dritter gehandelt zu haben. Für die Echtheit der Münzen wird vorbehaltlos und zeitlich unbeschränkt garantiert. Alle Angaben im Katalog sind nach bestem Wissen und Gewissen zusammengestellt. Der Versand erfolgt eingeschrieben und versichert auf Kosten und Risiko des Empfängers. Im Ausland verrechnete Gebühren und Steuern gehen zu Lasten des Käufers. Es obliegt dem Erwerber, sich über ausländische Zoll- und Devisenvorschriften zu informieren. Die Veranstalterin der Auktion übernimmt keine Haftung für allfälliges Zuwiderhandeln gegen solche Vorschriften. Erfüllungsort und Gerichtsstand im Verhältnis zwischen der Veranstalterin und dem Erwerber ist Zürich. Die Abgabe eines schriftlichen oder mündlichen Gebotes bedeutet gleichzeitig die Anerkennung der Auktionsbedingungen. Im übrigen kommen die ortsüblichen Gantbedingungen zur Anwendung. Vorliegende Bedingungen liegen in deutscher, französischer, italienischer und englischer Fassung auf. Bei Meinungsverschiedenheiten ist die deutsche Fassung massgebend.
French:
En participant à la vente, les conditions suivantes sont considérées comme acceptées:
Les prix indiqués sont des prix estimatifs en francs suisses. La vente débute en principe à 80% du prix d'estimation, pour autant qu'il n'y ait pas d'offres plus élevées. Sur le prix d'adjudication une majoration de 16.5% est prélevée. En cas de livraison en Suisse, le prix total (prix d'adjudication + majoration et frais d'expédition) est augmenté de la TVA de 7,6%. Les monnaies en or (AV) ne sont pas sujettes à la TVA. Le prix total, y compris les taxes, est payable en francs suisses à la réception de la marchandise. Un intérêt de 1% par mois sera facturé pour tout retard. L'adjudication a lieu après le 3e rappel de l'offre la meilleure et oblige l'acheteur à prendre son acquisition. A prix égal, les offres écrites ont la priorité. Chaque participant à la vente s'oblige pour les achats effectués par lui-même. Il ne peut faire valoir avoir agi pour un tiers. Nous garantissons l'authenticité des monnaies sans condition et sans aucune limite de temps. Les indications de notre catalogue ont été faites en toute science et conscience. L'envoi se fait sous pli recommandé, assuré, aux frais et risques du destinataire. Toutes taxes ou impôts prélevés à l'étranger sont à la charge du destinataire. L'acquéreur doit lui-même s'informer des prescriptions douanières et des taxes du pays d'importation. La maison organisatrice de la vente ne peut être tenue pour responsable au cas ou ces prescriptions ne seraient pas respectées. Le domicile juridique entre l'organisatrice et les acheteurs est Zurich, ceci en cas de différences. La remise d'une offre écrite ou verbale signifie en même temps l'acceptation des conditions précitées de vente aux enchères. Les conditions locales de mise aux enchères seront appliquées et celles-ci sont disponibles dans les langues allemande, française, italienne et anglaise. En cas de différences d'interprétation, le texte allemand fait foi.
Italian:
La partecipazione alla vendita all'asta comporta l'accettazione integrale delle seguente condizioni:
I prezzi indicati rappresentano la stima in franchi svizzeri. Se non sono pervenute offerte più elevate, l'inizio di battuta d'asta corrisponde generalmente all' 80% circa dello stesso. Al prezzo di aggiudicazione verrà aggiunto un diritto d'asta del 16.5%. Per le consegne all'acquirente in territorio svizzero sarà aggiunta al prezzo totale (prezzo di aggiudicazione + diritto d'asta e spese di spedizione) il 7,6% d'IVA. Le monete in oro (AV) non sono soggette al pagamento dell' IVA. L'importo complessivo sarà esigibile alla consegna dei lotti e pagabile in franchi svizzeri. In caso di ritardo nel pagamento sarà applicato un interesse dell'1% al mese sul totale dovuto. L'aggiudicazione avviene dopo la terza chiamata della migliore offerta ed obbliga l'offerente ad accettarla. In caso di parità di offerte, avrà la precedenza quella effettuata per corrispondenza. Ogni partecipante alla vendita all'asta è personalmente responsabile degli acquisti effettuati: pertanto egli non può pretendere di avere agito per conto di terzi. Gli oggetti offerti in vendita sono garantiti autentici senza limiti di tempo. L'invio degli oggetti viene di regola effettuato in plico postale raccomandato a spese ed a rischio del destinatario, il quale, se residente all'estero, dovrà assumere a proprio carico ogni eventuale tassa o imposta applicata nel paese di residenza. E' onere dell'acquirente d' informarsi sulle prescrizioni doganali e valutarie del paese d' importazione e la società organizzatrice della vendita all'asta non può essere ritenuta responsabile nel caso in cui esse non vengano rispettate. In caso di controversia è competente il foro di Zurigo. L'inoltro di un'offerta scritta o verbale implica l'accettazione senza riserve delle presenti condizioni d'asta. Saranno inoltre applicabili le consuetudini locali sulle vendite all'asta, il testo delle quali è disponibile nelle lingue tedesca, francese e inglese: in caso di divergenze di interpretazione farà fede il testo in lingua tedesca.