Roman Empire, Silver Denarius of Gordian III (AD 238-244) - The Colosseum Hoard NGC MS

Why add this Silver Denarius of Gordian III to your collection?

This Roman Empire Silver Denarius of Gordian III is part of the electrifying discovery called The Colosseum Hoard. This excellent example was determined to be in Mint State condition by Numismatic Guaranty Corporation (NGC).

The Denarius was the equivalent of 10 Asses, a common Roman bronze coin. The Denarius denomination was the backbone of the Roman economy and was the most common silver coin struck in the Republic and the early stages of the Empire. The coin saw a massive debasement from over 80% silver content to under 50% silver content. The Denarius was ultimately and deservedly replaced by the double Denarius when reformers overhauled the monetary system in an effort to curb the rampant inflation that plagued Rome during the decline phase.

Gordian III was the last Gordian Emperor and is featured on the obverse of this Denarius. He ascended the throne at the ripe old age of 13. His reign began during "the year of the six Emperors" which saw a rapid succession of people ascending to the throne and then dying. It is unclear if Gordian III was assassinated by his successor, Philip the Arab, or if he died in battle as there are conflicting accounts.

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