Uncertain mint in Hispania (Colonia Caesaraugusta?).
Obv.: head of Augustus to the left, wearing oak wreath.
Rev.: two laurel trees; above: CAESAR, below: AUGUSTUS.
Some hairline marks.
On 16 January 27 BC, Octavian formally handed back all power to the Roman Senate, who in return conferred upon him the titles of Augustus and Princeps and according to Dio Cassius, "in addition to numerous honours already conferred on Augustus, it was ordained by the Senate and people that laurel
trees should be planted in front of his palace, and oaken crowns suspended from them, as though he were
the perpetual conqueror of the enemies, and saviour of the citizens of the Republic."
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