Obverse: Head of Augustus right, wearing oak wreath. Reverse: Shield inscribed CL•V with laurel branches flanking, CAESAR above and AVGVSTVS below, S P above and Q R below

Augustus, the first Roman emperor, was awarded the *corona civica* of oak leaves by the Senate in 27 BC for having saved the lives of citizens, an honor traditionally given to a soldier who rescued a comrade in battle.

The reverse refers to the golden shield (*clipeus virtutis*) voted to Augustus by the Senate in 27 BC and displayed in the Curia Julia, inscribed with his four cardinal virtues: *virtus*, *clementia*, *iustitia*, and *pietas*.

Reverse legend: CAESAR AVGVSTVS S P Q R CL V, "Caesar Augustus, the Senate and People of Rome, shield of valor." SPQR abbreviates *Senatus Populusque Romanus*, and CL V stands for *clipeus virtutis*.

Toned with scratches and small delamination

Toned with hairline flan crack and traces of deposits


6/5/24	$1,100	XF	CNG	— 0%
1/18/24	$600	F	CNG	— 0%
1/12/22	$2,000	XF	CNG	▲ +82%
4/21/21	$550	VF	CNG	▼ −7%

Denarius of AugustusRIC I 36a

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