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308-324AD Licinius Billon Follis – nEF

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A fantastic example with interesting portrait of Licinius from the Cyzicus mint, modern day Turkey.

Well centred and struck up with a strong portrait. Reverse “IOVI CONSERVATORI AUGUSTORUM” (To Jupiter conservator of our augusts)

Graded as near Extremely Fine, well centred, significant amount of silvering remaining.

1 in stock

SKU: 12749 Categories: , Tags: , , , ,

Description

Region:Cyzicus, Mysia (Balıkesir Province of Turkey)

Denomination:Follis

Composition:Billion, much silvering remaining

Date:Struck 317-320 A.D.

Obverse:IMP LICINIVS AVG, laureate bust to left wearing imperial mantle, holding mappa in right hand

Reverse:IOVI CONSERVATORI AVGG, Jupiter standing to left, holding Victory on globe and sceptre

Diameter & Weight:18mm, 2.69g, 6h.

Grade:near Extremely Fine, well centred with significant amount of silvering remaining

Provenance:Ex Nobles Numismatics, Sydney, Australia; Previous ex S.J. Green Collection, from CNG , Lancaster, USA

References:RIC VII 9

Licinius I: From Balkan Soldier to Imperial Rival

Origins and Early Life

Licinius I was born around the middle of the third century, probably between AD 250 and 265. He came from Dacia Ripensis, a rugged Balkan province along the Danube, and, fittingly, hardship shaped him early. His parents remain unknown; however, ancient writers agree on one point—Licinius rose from humble, provincial stock. Consequently, ambition, discipline, and military skill became his calling cards. Moreover, like many Illyrian emperors, he climbed rather than inherited his way to power.

Rise to Power

First, Licinius built a close friendship with Emperor Galerius, which proved decisive. Therefore, in AD 308, Galerius appointed him Augustus, instantly promoting him to the top tier of Roman rule. Soon after, Licinius governed vast eastern territories. Meanwhile, the empire fractured into rival camps, and tension simmered everywhere. Nevertheless, Licinius thrived in chaos. In 313, he decisively defeated Maximinus Daia, securing the eastern provinces and proving he could win wars, not just titles.

The Edict of Milan and Imperial Partnership

Notably, Licinius shares lasting fame for issuing the Edict of Milan alongside Constantine in 313. Together, they legalised Christianity and promoted religious toleration across the empire. Moreover, this act reshaped Roman society and politics alike. For a moment, cooperation ruled. However, rivalry soon followed. While Constantine consolidated the West, Licinius ruled the East with increasing suspicion and iron control.

War with Constantine

Eventually, peace collapsed. Consequently, a series of brutal civil wars erupted. Licinius fought fiercely, yet Constantine fought smarter. After defeats at Adrianople and Chrysopolis in 324, Licinius surrendered. Although Constantine initially spared him, execution followed the next year. Thus, Licinius exited history as dramatically as he entered it.

Legacy

Ultimately, Licinius left a complicated legacy. On one hand, he helped secure religious freedom and stabilised the East. On the other, later policies against Christians tarnished his reputation. Nevertheless, his story endures as a reminder that the Roman Empire rewarded grit, punished hesitation, and rarely forgave losing. Indeed, Licinius did not merely witness history—he wrestled it, and, briefly, nearly won.

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