Caracalla. Denarius. 196-198 AD. 

M AVR ANTON CAES PONTIF, bare-headed, draped bust right, 
seen from the back
SECVRITAS PERPETVA, Minerva, with aegis on breast, 
standing left, resting right hand on shield and 
holding spear in left. 

RIC IV-1, 2 var, Sear 6678v, unlisted legend combination. Rare.

This coin with this obverse legend and reverse type 
is not in RIC. The denarius RIC 2 has M AVR ANTONINVS 
CAES, and the denarii under M AVR ANTON CAES PONTIF 
do not have this type listed. But another from different 
dies was sold on UBS Gold & Numismatics Auction 52, 11
September 2001, Lot number: 233.

With permission of Roma Numismatics, June 2009