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:

What's new?  2024, Jan. 27: Valentinian RESTITVTOR REIP. DO Late Roman, a very good book.

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 I confirm by e-mail that I still have 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: . 2024, Jan. 27:  Coins added. A really good book offered.

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:  

Comment:  I have been collecting late Roman AE from Valentinian and later for over 40 years. In the late 1990s I wrote an educational website on them, updated many times since then:   (named RIC IX because most of them are in that volume of RIC) which has been revised many times since then.


Late Roman Coins In the Dumbarton Oaks Collection [Arcadius (included) to Anastasius (excluded)] by Grierson and Mays, which is a massive hardcover book of 499 pages and 37 page-plates with 955 coins well-photographed lots of excellent commentary, charts, etc.  Nice dustjacket. I love this book for very late Roman coins. It is much like the Dumbarton Oaks Byzantine catalogs, but for earlier coins. It is on Amazon, used, lowest at $90. Here, an excellent copy, only the former owner's name in pencil [which could be erased] on the flyleaf, for $75 + $8 shipping (it is heavy!).

Valentinian I, 364-379
19-18 mm. 
RIC IX Heraclea 4a "R2" (not other officina or issues from Heraclea, but from othr mints. 
Nice cover. Well-centered. [$34]


Gratian, 367-383. Follis (bronze, 2.34 g, 18 mm), Antioch. D N GRATIA-NVS P F AVG Pearl-diademed, draped and cuirassed bust of Gratian to right. Rev. VIRTVS RO-MANORVM Roma seated facing, holding globe in her right hand and inverted spear in her left; ANTA. In exergue. RIC Antioch 50a 
This reverse type is for Gratian and not other emperors.
Lovely cover over black patina. Excellent portrait, hair, and diadem, and centering. [$33] Please compare to vcoins prices.


Theodosius, 379-395
AE2. 23.7 mm. 4.80 grams.
SMKB  for Cyzicus
Emperor standing right holding standard and globe, with captive to right.
Lovely reddish surfaces. 



Arcadius, son of Theodosius
22.6-19.9 mm. 4.00 grams.
Emperor standing right holding standard and globe, with captive to right.
ANTS for Antioch,
with lovely "Antioch patina".


Eudoxia, wife ofArcadius. However, she was not just a wife, but effectively ruler. Read more here:
16 mm. 2.40 grams.
Aelia in elaborate headdress right, with hand of God crowning her (a Christian reference)
Empress seated facing, being crowned by a mall hand of God
Alexandria mint

RIC X Arcadius 84, page 248 "400-401." Sear V 20891. DOC 294. Struck 403-404.
[DOC and RIC do not agree on when it was struck]
Please compare with vcoins prices] 
Nice earthen cover [$38]


Jovian, 363-364
AE3. 19 mm.
BSISC in exergue
RIC VIII Siscia 426 "scarce"
Obverse with lovely even green patina and name fully on the flan. [$39, reduced to $31]

[Please compare to vcoins prices.]

Aelia Flaccilla, wife of Theodosius (379-395)
22 mm. 4.72 grams.
Victory inscribing shield with Christian chi-rho. T to right, ANTΓ in exergue
RIC IX Antioch 61.2, page 291 "Rare"
Lovely light cover like is often seen on coins from Antioch.
Wonderful hairstyle details. Sear V 20616 "$325 in EF"
A beautiful coin!  Super inscribed chi-rho. [$149, reduced to $129 SOLD]

The seller, from Israel, wrote "Your coin has been blessed at the Church of the Holy Sepulcher in Jerusalem."  I cannot personally confirm this, but I pass it on for what is worth.  

Gratian, 367-383
19-18 mm. 2.09 grams
Roma seated front, head left, holding globe and reversed spear. 
RIC Antioch 50a.1 Struck 378-383.

Only for Gratian, except for very rare examples for Theodosius and extremely rare examples for Valentinian II.
[$33 SOLD] 


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)

Valentinian, 364-375
Struck at Thessalonica:  TESA
RIC IX Thessaloncia 16a (first issue from Thessalonica)
EF.  Nice green patina. [$29]



Valens, 365-378


Procopius, 365-366



Gratian, 367-393


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 [$24 SOLD]


Gratian. 367-383.
15 mm. 1.68 grams.
RIC Rome 51a struck 378-383
Remarkably high grade and full flan. [$35]
ex Cederlind at the New York International in 1994 [no ticket]


Gratian, 367-383
AE2. 24-23 mm. 5.81 grams.
Emperor standing left raising turretted female and holding Victory on globe crowning him.
TCON in exergue, for Arelate as renamed Constantina
RIC Arelate 20a, struck 378-383
Large coin for the era and from a mint which is less common than Siscia. [$55]
ex Malter in California, March 25, 1982 (with his ticket, but it has little on it)

Gratian. 367-383.
15-13 mm.
SMKA in exergue
RIC IX Cyzicus 22a. It says "smaller module, c. 12-13 mm" and this one is significantly larger.
Nice centering. [$29 SOLD]

ex PMV at the Chicago International Coin Fair March 7, 1986. [no ticket]

  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  [$19]
  Esty type 24.



Valentinian II, 375-392


Valentinian II, 375-392
18 mm. 2.35 grams.
RIC IX Rome 29c
The obverse legend with "junior"
That and the small head distinguishes this from the more-common Valentinian.
Esty Type 6.
Scarce. Dark even green patina. My photo didn't catch the nice appearance in sunlight.
[$69, reduced to $59]
ex Harlan Berk in Joliet, Illinois, June 18, 1985 [no ticket]

Valentinian II, 375-392
22 mm. 4.21 grams.
Emperor on galley (the ship of state), helmeted head back, Victory at helm.
RIC IX Heraclea 11b "scarce" struck "378-383"
Essays Grierson contribtuon of J. Lallemard "an issue everywhere of great rarity" 
Esty Type 20
ex Empire Coins Summer bargain List #2, Sept, 1985, lot 414.
[no ticket]  [$69 SOLD]


Valentinian II, 375-392
14 mm. 0.95 grams. Small.
RIC Arelate 30a  (usually 12-13 mm)
after the mint was recovered from Magnus Maximus.
The type is common from Siscia, much less so from Arelate (renamed Constantina at the time).
Esty Type 12.
ex A.G. aand S. Gillis at the Cumberland Coin Fair in London, March 2, 1996.
Small, but larger than most of its type. Green patina. Unusual mint. [$39]

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 SOLD]


Valentinian II, 375-392
AE3. 16 mm. 2.23 grams.
Concordia seatd with globe left
three field marks
RIC Antioch 45 "scarce"
ex trade for US coins, Oct. 27, 1975. 
Little or no wear, thus very high grade. Muddy dark brown patina. [$39 SOLD]


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 SOLD]




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

   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"


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


14 mm. 1.61 grams.

RIC Aquileia 36d "Scarce"
[$12 SOLD]



Theodosius I
12 mm. 1.33 grams
RIC Antioch 56c
mm: ANTA(?)
[$10 SOLD]


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

Theodosius, 379-395
AE4. 13 mm. 1.21 grams.
Victory left, holding wreath and palm
RIC Siscia 39b. 
ex Kern, Chicago Summer ANA, August 14, 1991.

Theodosius, ancient imitation
18 mm. (Smaller than the AE2 original.)
with emperor raising female
ex CNG Baltimore Summer ANA July 28, 1993
with their ticket for $45 
Very rare.  [$55]


Theodosius, 379-395
AE4. 15 mm. 1.45 grams
RIC Aquileia 36d "scarce"
ex Baldwin's in London Jan. 16, 1996
Lovely black and tan patina.  [$39]


Theodosius, 379-395
AE4. 14 mm. 1.07 grams.
RIC Arles 30d.
Most of these are from Siscia. Finding one this nice from anywhere else is unusual.
Lovely old black and tan cover. [$37]
ex Scott Ulrick March 30, 2003, with his ticket.


Aelia Flaccilla, wife of Theodosius
24-23 mm. Large. 4.54 grams.
empress standing

Not in RIC with the cross in field right. Is close to
RIC Heraclea 25 but that is without a cross.
Rare. ex Victor Clark with his ticket. [$135, reduced to $115]


Aelia Flaccilla, wife of Theodosius
AE2. 23-22 mm. 6.20 grams.
Empress standing
RIC Nicomedia 43 "Rare"
Bought March 6, 2005 from Sphinx, with a ticket that says "William B. Porter Collection" included. 
Lovely green and rust-colored patina. Scarcer mint. [$85, reduced to $75]

Magnus Maximus, 383-388  


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.)


15-14 mm. 11:00. 1.34 grams
RIC Thessalonica 65c
mm: TESΓ
cross-rho in field left



Victory left drags captive.
388-403  [RIC]     386-403 [DO, p. 113]
14 mm. 12:00. 1.46 grams.
RIC Antioch 67d2. Esty Type 39. 
Lovely light cover and nearly full legends. Outstanding for type. [$25]


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




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

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 SOLD] A rare type for Arcadius.

 Compare to



[$23] Arcadius, 383-408
AE2. 21 mm (and thick). 11:30. 6.14 grams.
RIC Heraclea 27b2, mm: SMHB



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. [$44]




Arcadius 383-408
Struck 383-388.  AE4.
VICTORIA AVG (ony one "G")
RIC Thessalonica 63c.  This type only at Thessalonica. 
Very scarce.  [$17]
ex Antioch Assicoates (Henry Clay Lindren, sale 92, lot 127 (Dec. 2003) [no ticket]



Arcadius, 383-408. 13-12 mm. AE4.
camp gate. RIC 62c, Thessalonica.
Dark green patina. [$15]
ex Dan Clark, July 1986 [no ticket]



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]



Arcadius, 383-408
16 mm. 2.22 grams.
Nearly facing bust
Cross on shield, spear behind right shoulder
ANTΓ in exergue
RIC X 97 "401-3"
Sear V 20807
ex London Coin Galleries (in LA) in 1990 (no ticket)
Good facial details for a facing bust. [$85, reduced to $69]
ex London Coin Galleries (Anaheim, CA) July 1990 [no ticket]



Honorius, 393-423

Honorius, 393-423
15 mm. 1.85 grams.
Three rulers (Arcadius, Honorius, and you Theodosius II in the middle)
RIC X 149 page 250 struck "406-8"
Sear V 21010 (the coin in his type photo much worse than this coin)
Lovely light cover highlighting the reverse  [$59]


Honorius, 393-423
17 mm. 2.30 grams.
RIC IX Nicomedia unlisted. 
RIC X (Arcadius for Honorius) 63, page 246 "395-401"
Esty type 45
Sear V 21029 (compare to his type photo)
Lovely tan and green cover. [$55, reduced to $49 SOLD]


13 mm. 11:30. 0.88 grams
Unusually clear name.
I have looked for 30 years and never found a nice coin of Honorius of this type. Theodosius and Arcadius are common in excellent condition. Honorius must be virtually unknown in excellent condition.  [$22 SOLD]








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]
As I write none are 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.  [$44]  



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
Cross in wreath. 13-11 mm. 




T2T2Theodosius 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.
A rarity! As I write, vcoins has two, one worse and $50 more expensive and the other not better and over $500 more expensive. [$175] 



Valentinian III, 425-455


Valentinian III, 425-455
AE2. 22-21 mm. 5.51 grams. Large for the 5th century.
CONCOR  A PF ACV   (both legends blundered, as always, and backwards Ns, as usual)
CONS in exergue
RIC X 461 "R4" page 276. Struck "?437"
Esty Type 75. Cherson type ES2.
Sear V 21302
Very rare. Very rarely in nicer shape than this one. 
One on vcoins as I write, not as nice, at $750.
[$525 SOLD]


Valentinian III, 425-455
12 mm. 1.40 grams.
Rare vota reverse.

RIC X Rome X 2136
Unusually nice. Mintmark on the flan (unusual!). Bold for the 5th C. [$139 SOLD]
ex Beast coins, long ago (the man I bought it from bought it from Beast, but I don't know when), with Beast's ticket.




Leo I, 457-474

A late Roman rare type: 5th century Roman imperial coin from the region of the Black sea. It says "CON" in exergue for Constantinople, but are found only in the region of Crimea (north Black Sea), which has casued some to attribute them to the Cherson mint.   

Leo I, 450-457
AE2. 20 mm. 4.24 grams. Large!
Struck for the region around Cherson (in the north Black Sea)
and never found anywhere else.
Emperor with standard and captive
CON in exergue
RIC X 662 "R4"  [extremely rare]
This is the way to get an AE portrait of Leo I.
It has good size, especially for the 5th century.
As I write this vcoins has one with much of the flan broken off and missing at $299.
Much better than any others out there for sale [$395 SOLD]

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 SOLD] 


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]



Links:  Valentinian, Valens, ProcopiusGratian, Valentinian II, Theodosius, Aelia Flacilla,
Magnus Maximus, Arcadius, Honorius, JohannesTheodosius 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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