Late Roman Coins for sale, Valentinian and later (364 AD - 498 AD). 

      Coins of the late 4th century are among the least expensive of all ancient coins. I recommend the inexpensive paperback book (possibly in your public or school library) by the ancient author Ammianus Marcellinus: The Later Roman Empire (AD. 354-378) translated by Walter Hamilton, Penguin Books, 1986. Books 26-31 cover Valentinian I through the death of Valens at the Battle of Adrianople. This is 130 pages of an original ancient source. Highly recommended to bring the coins and time period alive.
    References for the history of the period are listed  here:
    References for the coins of the period are listed here:

TERMS:  Prices are in brackets: [$xx]. I accept PayPal and Zelle (Why I prefer Zelle in the US) and checks and cash. Postage in the US is $2 for orders up to $25, $3 for orders up to $50, $4 for orders up to $100, and an additional $2 for each hundred thereafter. Usually an additional $3 to other countries.  From other countries I accept PayPal and prefer TransferWise. Here is why: . More-detailed terms of sale are here. 
After we have agreed by e-mail that you have gotten the coin, you can pay by logging into your account and sending PayPal or Zelle payment to my e-mail address.
To order, or simply to ask a question, e-mail me, Warren, at:  e-mailwhich is also my PayPal address.

I mark coins "SOLD" in purple promptly when they sell.

Recent: May 23: Three added at the top and all the sold coins removed entirely.

Special types include a rare Valentinian III, a very rare Theodosius II, and an AE2 of Leo I.

Links:  Valentinian, Valens, ProcopiusGratian, Valentinian II, Theodosius, Aelia FlacillaMagnus Maximus, Arcadius, Honorius, Johannes
Theodosius II, Valentinian III, Leo I  

[A few new offerings are at the top. Skip down to coins in chronological order of the emperors.]

Newest next:

14 mm. A bit larger than most.
Cyzicus mint
Cross-rho in left field

Arcadius, 383-40815-14 mm. A tiny bit larger than most

VOT V in wreath
Very well centered with full legend and glossy dark green surfaces

12 mm. 
Cyzicus mint
Cross-rho in left field
Even dark color. A tiny beauty!  [$11]

Valentinian II, 375-392
18 mm. 2.30 grams.
Victory advancing left
RIC Rome 28c


GGGratian, 367-383
18-16 mm. 
Struck 367-375
DN GRATIANVS AVGG AVG  [Unique obverse title]
"Augustus in a line of Augusti"
"glory of the new age!@"
A reverse type struck only for Gratian.
RIC Arles 15

This example is excellent and much nicer than most. [$75]


His vows for year 15
His vows for year 15, multiplied to year 20. This type is only for Gratian.
Mint of Arelate
Lovely surfaces, full mintmark [$19]



Theodosius. Type 42:  AE3.  GLORIA ROMANORVM
Emperor on horseback right.
393-395 [DO]
14 mm. 11:30. 2.08 grams.
   RIC Antioch 69a.
mm:  cross-rho in left field

Emperor standing facing, head right, holding standard and globe.
393-395 [DO, because Honorius was elevated Jan. 22 (?), 393]    392-395  [RIC]
RIC IX Heraclea 27a(3), page 198. Struck 392-395.



Theodosius AE2

23-22 mm. 12:00. 5.04 grams.
mintmark:  SMAQP
RIC Aquileia 30d2, page 100, "378-383"

[$39]  The obverse is nicer than the photo, but I am not going to take the time to make a better photo. A good-sized coin well-centered, with a bold mintmark. 



14 mm. 1.61 grams.

RIC Aquileia 36d "Scarce"



Theodosius I
12 mm. 1.33 grams
RIC Antioch 56c
mm: ANTA(?)



13 mm. 6:00. 0.88 grams
RIC Thessalonica 65b
mm: cross-rho in left field
[$15] Obverse lettering significaly better than the photo shows.


14 mm. 6:00. 1.34 grams
RIC Nicomeida 45c7
mm:  illegible in exergue
cross in wreath in left field
ex Marc Breitsprecher July 20, 2000



18 mm. 2.98 grams.
E Type 45. 

ex Dan Clark collection, Sept. 11, 1987




  15 mm. 2.24 grams.
  RIC X Alexandria 75 "395-401"
  ex Ancient Resource April 29, 2009





13 mm. 12:00. 1.01 grams
RIC Cyzicus 26c3
mm: SMKΓ  
Bold portrait  [$25]
ex Universal Stamp and Coin, Chicago ANA, August 16, 2013





13 mm. 6:00. 1.56 grams
RIC Cyzicus 26c
mm:  SMKΓ
cross-rho in field left
Nice even surfaces  [$17]
ex  Italo Vechhi, Feb. 26, 1996 in London


   12 mm. 5:30. 1.51 grams,
   SMAQP (? The P is expected, but not on the flan)
   RIC IX Aquileia 47b, page 104, "Scarce, 383-388"



Click these links for more Theodosius and Arcadius pieces.

Coins by emperor in chronological order: 

Links:  Valentinian, Valens, Procopius, Gratian, Valentinian II, Theodosius, Aelia Flacilla, Magnus Maximus, Arcadius, Honorius, Theodosius II, Valentinian III, Leo I  

Valentinian (364-375)


Minting oddity.
Valentinian AE3 overstruck on a slightly larger FEL TEMP REPARATIO soldier spearing fallen horseman.
20-19 mm. Obverse portrait weak but legend clear enough.
TINI at 11:00 obverse. TIVS PF AVG from 7:00-10:00 obverse.  Reverse solider spearing is visible as is the overtype (leg right on the exergual line): emperor right with captive
GLORIA begins on the left, but
[REP]ARATIO finishes on the right.

Remarkably complex. I think this shows the FTR types were demonetized and replaced by the AE3s. This flan was only a bit larger than the normal flans, so it was put into service, but the coin was not deeply struck.  Of historical interest and it is extremely hard to find a coin making this point:  [$29]  This particular coin is historically significant evidence. 


Valentinian, 364-375
Struck at Thessalonica:  TESA
RIC IX Thessaloncia 16a (first issue from Thessalonica)
EF.  [$25]



Valentinian, 364-375
AE3. 18 mm. 
TES in exergue
RIC IX Thessalonica 26 with mintmark xvii page 169 and 178.
Excellent surfaces and details. A top example.  [$35]





Valens, 365-378



Valens, 364-378
AE3. 17 mm. 2.73 grams.
unusual cross-rho in field
RIC IX Aquileia 9b mintmark vii(b), page 91.
Olive green patina. [$19] 

Valens, 364-378
AE3. 16 mm.
Common type with an unusual cross on the labarus,
RIC IX Antioch 10b6. Sear V 19762
Lovely light cover. [$19]




Procopius, 365-366



Gratian, 367-393

Gratian, 367-383
AE4.  14 mm.
VOT / X / MVLT / XX in wreath 
RIC Antioch(?) 56a1
Esty type 26. 
Nice small portrait. [$12]

No VOT X from any mint for Gratian on vcoins as I write this.



[$14] Gratian, 367-383
AE4.  VOT / XV / MVLT / XX  in wreath 
RIC Lugdunum 30a, page 48
15 mm. 1,.19 grams.
ex PMV May 16, 1984, lot 254 at $15.  
XV vows are primarly struck for Gratian, although also issued by Valentinian II and Theodosius. 
Esty type 25.


  Gratian, 367-383
  AE4.  VOT XX MVLT XXX in wreath
  378-383   (These are vows of Gratian)
  AE14-12. 11:30. 1.17 grams.
  RIC Cyzicus 22a  Very clear reverse type  [$15]
  Esty type 24.



Valentinian II, 375-392


Valentinian II, 375-392
13 mm. 12:00. 1.38 grams
Esty type 39.
Bold, but mm off flan. cross-rho in field left.
RIC number therefore not known
Cost $20 from London Coin Galleries [A shop in Anaheim, California, near LA] in 1990.
Now, [$17]



Valentinian II, 375-392
AE3. 17-16 mm. 3.05 grams.
RIC IX Heraclea 16b2, page 195
Esty Type 16.[$15]



Valentinian II, 375-392
Constantinopolis seated, helmeted head right, holding reversed spear and holding globe right, with her right foot on a tiny prow.
(There are two CONCORDIA types. This one has globe right, the other one has globe left)
17 mm. 6:00. 2.25 grams. RIC Antioch 47b.
ex Kern, Chicago ANA, August 1991. [$15]





Valentinian II, 375-392
17 mm. 2.15 grams.
Emperor on galley left, holding phoenix on globe, Victory at helm.
Only at Thessalonica. RIC Thessalonica 61 "refers to the months of Valentinian II's refuge there [from Magnus Maxmus]"
Rare type. (This is not the commoner big galley type. I got 19 hits for "Valentinian II galley" and all were the large AE2 GLORIA ROMANORVM [as next] and none were of this VIRTVS AVGGG type. ) [$55]



Theodosius, 379-395


Theodosius AE3. CONCORDIA AVGGG, ANT Γ, the rarer variety with no globe, rather her left hand rests on her knee.  RIC Ant 44a4.  [ $13




Aelia Flaccilla, wife of Theodosius.
Large AE2. 23 mm. 3.77 grams.
Struck 383-388 at Alexandria

Empress standing with arms together across her breast
ALEB in exergue
Lovely light "black-and-tan" patina [$55]





Magnus Maximus, 383-388


Magnus Maximus
  24 mm. 12:30. 3.73 grams.
  RIC Lugdunum 33
  mm: LVGS
  page 49, plate IV.14
This type is only for Magnus Maximus.   [$75]
Even dark green-brown patina. 




Late 4th Century AD

The best educational web reference for late Roman AE (Valentinian I and later) is my own site: 
Esty's Guide to Late Roman AE Coin Types, AD 364-450, at

Arcadius, 383-408 (I collected Arcadius by type and if I could find good ones, I bought extra mints as well. Here are good coins assembled during 40 years of collecting.)

I offer two remarkably nice late Roman SALVS REIPVBLICAE AE4s. Please compare the prices with elsewhere. Mostly coins with this better-than-normal flan size and a full flan (including a legible mintmark) are offered at twice the price or more. 


Arcadius, 383-408
18-16 mm.
Constantinople mint
Lovely natural black and tan [$17]



Arcadius, 383-408
15-14 mm.
Nearly facing bust with cross on shield
[Three G's for Arcadius, Honorius, and Theodosius II]
Constantinopolis seated, foot on prow.





[$32] Arcadius, 383-408
This type is extremely common for earlier emperors, but not for Arcadius, who became emperor late in this series.
A search of vcoins brings up 327 hits for "Arcadius" and NONE are of this type, much less mint.
RIC Aquileia 45c   [$32] A rare type for Arcadius.

 Compare to



[$19] Arcadius, 383-408
21 mm (and thick). 11:30. 6.14 grams.
RIC Heraclea 27b2, mm: SMHB




[$15]  Arcadius, 383-408.
Emperor on horseback right.
393-395 [DO]
14 mm.  10:30.  1.95 grams.
   RIC Alexandria 22b (but gamma, not beta)
Hard to find.  [$15]
Compare to:

 Compare to:



[$19] Arcadius, 383-408.
AE3. 18 mm. 2.50 grams.
Emperor crowned by Victory
395-401 [RIC X, DO]
Legend fully legible (which is often not the case.)
Ex PMV in 1986 for $19.  Look at the price rise!  (Not!)



11 mm. 1.45 grams
RIC Alexandria 13d
mm: ALEΔ(?)  [$14]



Arcadius, 383-408 AD.  GLORIA ROMANORVM/BSISC.  Emperor dragging captive right. A very common type for Valentinian and Valens, but not for Arcadius. None on vcoins as of this writing.  If you want the reverse type, you can get it for other emperors. If you want the reverse type for Arcadius, get this one. [$35]





Victory left drags captive.
388-403  [RIC]     386-403 [DO, p. 113]
AE13. 4:00. 0.75 grams.
RIC Antioch 67d2
Type E39. 
Lovely light cover. Good mintmark. Good portrait. Much better than most of these. 



Arcadius 383-408
Struck 383-388.  AE4.
VICTORIA AVG (ony one "G")
RIC Thessalonica 63c.  This type only at Thessalonica. 
Very scarce.  [$15]



Arcadius, 383-408. 13-12 mm. AE4.
camp gate. RIC 62c, Thessalonica.
Dark green patina. [$15]



Arcadius, 383-408
13 mm.

VOT V in wreath
Full flan, well-centered. Glossy and hard to photogrph.
High quality for type.  Try to imagine it without the glare in the photograph. [$15]




Honorius, 393-423

13 mm. 11:30. 0.88 grams
Unusually clear name [$22]









Links:  Valentinian, Valens, Procopius,
Gratian, Valentinian II, Theodosius, Aelia Flacilla,
Magnus Maximus, Arcadius, Honorius,
Theodosius II, Valentinian III, Leo I  

Theodosius II, 402-450

Coins from my serious collection of Theodosius II, 402-450

Theodosius II
22-21 mm. 4.70 grams. 6:00. AE2, which is very large for the 5th century.
RIC X 460 struck "437(?)" "R3"  extremely rare
(but some have been found since RIC was written, most in very bad shape)
Hahn DORE 5th, 71 plate 4
"AD 426-450"

Sometimes attributed to the rare Cherson mint and, if struck in Constantinople as the "CONS" mintmark suggests, only distributed to the region of Cherson in Crimea--the type is not found anywhere else. 

Very rare AE2. Very large for this century.  Remarkably nice flan and portrait.  [$395, reduced to $345]
None even close to this nice on vcoins or MA-Shops.



Theodosius II, 402-450
13 mm. 1.86 grams.  
cross in wreath, no legend
SMKB mintmark
RIC X 449
Hahn MIRB 84.2

Obverse legend name fully on the flan (which is often not the case) [$15] 




Theodosius II, 402-450
12-11 mm.
Victory facing, holding wreath in each hand
Esty Type 67
Struck 425-450
Rare.  [$39]  



Theodosius II, 402-450
13-12 mm. 1.30 grams. Slightly larger than most. This has a full flan.
Cross in wreath

Hahn (5th C.) Theodosius II 84
RIC X 443
Sear V 21232.  Esty type 68.
Full obverse legend (a bit weak in places) with mintmark CONS on the flan




Theodosius II, 402-450
16 mm.
Nearly facing bust with cross on shield
[Three G's for Arcadius (see the previous coin), Honorius, and Theodosius II]
Constantinopolis seated, foot on prow.
Antioch mint.
Slightly less yellowish and more orangeish than the photo [$15]



Theodosius II, 402-450
11 mm.
Bust right, DN THEO ...
cross in wreath  [$9]



Theodosius II, 402-450
Cross in wreath. 13-11 mm. 
[$10, reduced to $8]




Theodosius II, AE2
RIC X 460 "R3" (extremely rare)
20 mm. 5.65 grams. AE2, which is very large for the 5th century.
Theodosius II, helmeted bust right, spear facing forward.
backwards N's in the legend and mintmark CONS
CONCORDIA AGV [sic, they are all spelled this way]
Found only the region of Cherson (Crimea, formerly Ukraine) but with a mintmark of Constantinople.
None on vcoins or MA-Shops as I write. [Now, in October 2019, there are two, much more expensive.] A major rarity! [$175, reduced to $165]


Theodosius II, 402-450
Rome mint
I have collected AE of this time period for 40 years. This type is rare. [$29, reduced to $19 SOLD]




Valentinian III, 425-455


Valentinian III, 425-455
Unusually nice. 12 mm. 
Rare vota reverse.

RIC X Rome X 2136



Valentinian III, 425-455
13-12 mm.
Rare. Nice reverse legend and "camp gate". Clear mint mark RM. Much better than most  [$95]



Leo I, 457-474

Leo I, 457-474
10 mm. 1.17 grams.
Monogram 1a on numiswiki site:
Unusual double-beaded border. (It doesn't look double-struck; they look concentric.)
Bad flan flaw 8:00-11:00 on the obverse makes a hole at 3:00 on the reverse.
Tops of letters in mintmark CON visible.
A mix of bad and good with something really unusual. [$19]



Leo I, 457-474
AE2. Yes AE2!  20 mm. 4.45 grams.
DN LEO P-RPET AC   (perpetual Augustus)
emperor holding globe and spruning captive
CON in exergue.
RIC 663 "R4". 
When I bought this coin in 1995 from Dmitry Markov the type was extremely rare with only a few known. When the Iron Curtain came down and commerce with Ukraine commenced, more of this type became available in the West. However, it is still rare. They are all found in Crimea, leading many to question whether the "CON" mintmark really means they were minted in Constantinople and shipped to the Crimea, or it the mintmark is immobolized and the were minted at Cherson or Kersh. 
Most Leo AE coins are tiny monogram pieces. Most of these Leo AE2's are in poor metal with chips or corrosion. Worst of all, most are tooled (Coins from Crimea are often skillfully tooled). This one is does not have the usual detractions, although the strike is weak in places.
Rare and (as I write) the best on the market for the type (but not the most expensive!) [$275, reduced to $255] 


Leo I, 457-474
AE4. Small. 10 mm.
"LEO" clear on the nice obverse, which is unusual
Emperor standing, standard in right and holding small captive with his left

Zeno, 474-491

Zeno, 474-491
AE4. Small. 10-9 mm.
head right
monogram of Zeno (monogram 3 in Carson, Hill, and Kent)
Well-centered. Lovely yellow-green patina.  [$49]

Zeno, 474-491
9 mm. 0.47 grams. Very small.
head right
monogram of Zeno
Monogram 10 variety with horizontal bar all the way across
That site is missing this variety, but it is in Adelson and Kustas, A Bronze Hoard of the Period of Zeno I, monogram 2, page 89.
[$45] A rare chance for the specialist to get this variety.

Zeno. 9 mm. Tiny!
His head right/His monogram.




Links:  Valentinian, Valens, Procopius,
Gratian, Valentinian II, Theodosius, Aelia Flacilla,
Magnus Maximus, Arcadius, Honorius, Johannes
Theodosius II, Valentinian III, Leo I  

Continue with:  Byzantine (and Vandalic), Arabic, and Medieval coins or with ancient imitations.
Terms of sale are here.  Prices in brackets: [$xx].

Questions? e-mail me, Warren, at:  e-mail

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