A rare gold medallion from ancient Rome has captured attention at an auction held by MDC Monaco. This medallion, dating back to around 327 AD, features Constantine II and is one of only a few known to exist. With a fascinating history and impressive sale price, this medallion is a remarkable piece of art and history.
| Feature | Details |
|---|---|
| Item | Gold 2-solidi Medallion of Constantine II |
| Auction Dates | May 3 and 4, 2024 |
| Auction House | MDC Monaco |
| Sale Price | €100,000 ($107,727 U.S.) |
| Buyer’s Fee | 20% |
| VAT | 5% (depends on destination) |
| Provenance | Nelson Bunker Hunt Collection |
| Previous Sale Price | $44,000 (June 1990, including a 10% buyer’s fee) |
| Rarity | One of two or three known; only one in private hands |
| Weight | 8.78 grams |
| Diameter | 26.5 millimeters (similar to a Sacagawea dollar) |
| Grading | Choice Extremely Fine (by Numismatic Guaranty Company) |
| Historical Significance | Gift from the emperor to high-ranking officials; marks dynasty’s 10th anniversary |
| Dynasty Founded By | Constantine I, father of Constantine II |
The Auction Event
The MDC Monaco auction took place on May 3 and 4, 2024, and featured many valuable items. Among these, the gold 2-solidi medallion of Constantine II stood out. It sold for an impressive hammer price of €100,000, which is about $107,727 in U.S. dollars. Keep in mind that all auction items come with a 20% buyer’s fee and possibly a 5% VAT depending on where you live.
Provenance of the Medallion
This gold medallion has a notable history. It was once part of the famous Nelson Bunker Hunt Collection, which was auctioned by Sotheby’s in June 1990 for $44,000, including a 10% buyer’s fee. The medallion is one of only two or three known to exist, with others displayed in museum collections in Berlin and Paris. The one sold in this auction is the only one still in private ownership.
About Constantine II
Constantine II was the eldest son of Constantine the Great and his second wife, Fausta. He was born in 316 AD, and his father wanted to create a strong dynasty. To ensure this, he gave Constantine the title of Caesar when he was just a year old. The medallion marks the 10th anniversary of this dynasty, reflecting its significance.
Medallion Details
The medallion weighs 8.78 grams and measures 26.5 millimeters in diameter, which is similar to the size and weight of a Sacagawea dollar. It has been graded as Choice Extremely Fine by the Numismatic Guaranty Company, indicating its excellent condition. Medallions like this were often given as gifts from the emperor to important people, and the young Caesar would have personally distributed them.
Conclusion
The gold medallion of Constantine II is not just a beautiful piece of art; it tells a story of power, history, and the legacy of a Roman dynasty. Its sale for over $100,000 at the MDC Monaco auction reflects its rarity and importance. For collectors and history enthusiasts alike, owning such a piece is a dream come true. With only a few in existence, this medallion is a testament to the rich history of the Roman Empire and the craftsmanship of its time. As interest in historical collectibles grows, items like this medallion continue to capture the imagination of people around the world.
FAQs
1. What is the significance of the gold medallion of Constantine II?
The gold medallion of Constantine II is a significant historical artifact that marks the 10th anniversary of his dynasty. It was a gift given by the emperor to high-ranking individuals, symbolizing power and prestige.
2. How much did the medallion sell for at auction?
The medallion was sold for €100,000, which is approximately $107,727 U.S. This amount does not include additional fees such as the buyer’s fee and VAT.
3. Why is this medallion considered rare?
This medallion is one of only two or three known examples. While others are held in museum collections in Berlin and Paris, this particular piece is the only one still in private hands, making it highly sought after by collectors.
4. Who was Constantine II?
Constantine II was the eldest son of Constantine the Great. He was granted the title of Caesar at just one year old, as his father aimed to establish a strong dynasty. He played a significant role in Roman history during the 4th century.
5. What does the grading “Choice Extremely Fine” mean?
The grading “Choice Extremely Fine” indicates that the medallion is in excellent condition, showing only minimal signs of wear. This grade is assigned by the Numismatic Guaranty Company, which evaluates the quality of coins and medals.