Antoninus Pius

Imperator Caesar Titus Aelius Hadrianus Antoninus Augustus Pius

Reign 138 AD – 161 AD
Dynasty Nerva-Antonine
Born 86 AD
Died 161 AD

Antoninus Pius presided over the longest and most peaceful reign of the second century, never leaving Italy during his 23 years as emperor. His administration was characterized by fiscal prudence, legal refinement, and a quiet competence that earned him the cognomen 'Pius' for his devotion to duty and family.

Antoninus Pius represents the zenith of the Pax Romana: a prosperous, well-governed empire at peace. Edward Gibbon identified his reign as the period when the human race was 'most happy and prosperous,' the high-water mark of ancient civilization.

Key Events

138 AD Adopted by Hadrian; succeeded peacefully
139 AD Deification of Hadrian; Antoninus earned cognomen Pius for his insistence
142 AD Antonine Wall constructed in Scotland, briefly extending the British frontier
148 AD Celebrated the 900th anniversary of the founding of Rome
161 AD Died peacefully at Lorium; succeeded by Marcus Aurelius and Lucius Verus

Coinage

The coinage of Antoninus Pius is extensive and well-produced, reflecting the stability and prosperity of his reign. His 900th anniversary of Rome types and the Diva Faustina memorial issues for his deified wife are particularly distinguished for their artistic quality.

Denominations

Aureus Denarius Sestertius Dupondius As

Notable Types

  • 900th anniversary of Rome types (she-wolf, Aeneas)
  • Temple of Divus Augustus sestertius
  • Diva Faustina memorial issues
  • Britannia types

Common Reverses

ANTONINVS AVG PIVS COS IIII TRIB POT COS ANNONA AVG PAX AVG TRANQVILLITAS AVG ROMAE AETERNAE

Active Mints

Rome

Collecting Guide

Antoninus Pius offers a long, consistent series from a single mint (Rome) with relatively few surprises, well suited to methodical collectors who appreciate completeness over drama. The 23-year reign produced an enormous volume of coinage, making common denarii readily available. A natural collecting strategy is to track the annual COS designations (COS II through COS IIII) and tribunician power numbering, assembling a dated sequence of portrait and reverse types. The Diva Faustina commemorative series, issued after the death of the empress Faustina I, is a popular subset with attractive reverses. The sestertii of Antoninus Pius include some of the most accomplished portrait work of the second century, and his later portraits with the lined, aged face are particularly fine. The standard reference is RIC III.

Market Overview

Antoninus Pius denarii are among the most affordable of the 'good emperors,' with common types in VF available for $60–200. This makes him an excellent starting point for collectors working within a budget. Sestertii range from $150–800 for average examples, with sharply struck portraits commanding premiums. Diva Faustina commemorative denarii are slightly more expensive at $80–250 due to collector demand. Gold aurei start around $4,000 for common types. The market is steady rather than exciting, prices have been stable for years, which suits long-term collectors building comprehensive sets rather than speculators.

Further Reading

  • Roman Imperial Coinage, Volume III, Harold Mattingly & Edward A. Sydenham
  • Roman Coins and Their Values, Volume II, David R. Sear