Rare Roman Coin Sells for 1.98 Million Euros at Auction

A Piece of History

A rare Roman coin featuring the portrait of Brutus, the assassin of statesman Julius Caesar, sold Monday at a Geneva auction for 1.98 million euros, according to organiser Numismatica Genevensis. The historic item was purchased by a “European collector following intense bidding among eight online bidders” for more than 1.83 million Swiss francs, the dealer said in a statement.

The Coin’s Significance

Weighing eight grams and similar in size to a euro, the coin is a piece of history marking the last chapters of the Roman Republic. Frank Baldacci, director of Numismatica Genevensis, explained that the coin was minted in 43-42 BC by Brutus and his supporters who murdered Julius Caesar in March 44 BC. The coin features the profile of Brutus surrounded by laurel wreath on the front and has war symbols on the reverse to celebrate his military victories.

Propaganda Value

The wreath in particular is a sign of “someone who wants to promote himself as emperor”, Baldacci said, adding its circulation offered “propaganda value” for Brutus. It is one of only 17 known artefacts of its kind, the auction house said.

Auction Details

The coin was originally priced at more than 800,000 euros. It resurfaced in the 1950s, published in a private collector’s catalogue and later appeared in a 2006 auction in Zurich where it was sold to another private collector for 360,000 Swiss francs.

Conclusion

The sale of this rare Roman coin is a significant event in the world of numismatics, offering a unique glimpse into the history of the Roman Republic. The coin’s provenance and rarity make it a highly valuable and sought-after item, and its sale is a testament to the enduring fascination with ancient history.

FAQs

Q: Who is Brutus?
A: Brutus was a Roman senator who, along with a group of conspirators, assassinated Julius Caesar in 44 BC.

Q: Why is the coin significant?
A: The coin is significant because it is one of only 17 known artefacts of its kind, and it provides a unique glimpse into the history of the Roman Republic during the reign of Brutus.

Q: How much did the coin sell for?
A: The coin sold for 1.98 million euros, or more than 1.83 million Swiss francs.

Q: Who purchased the coin?
A: The coin was purchased by a European collector following intense bidding among eight online bidders.