Obverse: IMP CAESAR TRAIANVS HADRIANVS AVG P M TR P COS III; Laureate Bust of the Emperor Facing Right, Showing Bare Shoulder and Chest, Slight Drapery on Left Shoulde Reverse:...
Obverse: IMP CAESAR TRAIANVS HADRIANVS AVG P M TR P COS III; Laureate Bust of the Emperor Facing Right, Showing Bare Shoulder and Chest, Slight Drapery on Left Shoulde Reverse: RELIQVA VETERA HS NOVIES MILL ABOLITA; Lictor Standing Facing Forwards, Head to the Left, Holding Fasces and Lighting Pile of Records with Torc Hadrian spent much of his reign traveling about the Roman Empire and checking into the well - being of the cities, towns, provinces, and ordinary citizens over whom he ruled. He was always interested in civic improvements, and would often have a new bridge, road, aqueduct, or temple built when he thought that the local citizens would benefit by such new construction. The reign of Hadrian at the height of the PAX ROMANA period was a time of great peace and prosperity in the Roman Empire. He continued the public works building projects that his adoptive father Trajan began and strengthened the defenses on the borders of the empire. Because of attacks on Roman citizens living in southern Britain, he built Hadrian's Wall across a narrow part of the island. Hadrian was an educated emperor and a patron of the arts. He spent most of his reign visiting the different provinces of the empire and personally overseeing the improvements and public works carried out under his orders. Like Trajan and Nerva before him, he adopted a grown man in order to make him heir to the throne. When his first adopted son Aelius Caesar died of illness, Hadrian adopted another, Antoninus Pius, who would succeed him when Hadrian died in his bed after a long illness. Hadrian cancelled debts and burned promissory notes in a general amnesty for tax arrears, the event this sestertius commemorates. The reverse depicts either Hadrian himself or a lector applying a torch to a heap of documents (stipulationes) symbolizing the debts being cancelled. The burning occurred in Trajan’s Forum, where Hadrian erected a monument inscribed “the first of all principes and the only one who, by remitting nine hundred million sesterces owed to the fiscus, provided security not merely for his present citizens but also for their descendants by this generosity."
The legend RELIQVA VETERA HS NOVIES MILL ABOLITA literally translates to “old receipts in the amount of nine times a hundred thousand sestertii cancelled." The HS is a standard abbreviation for sestertii and, depending upon its context, it can mean a single sestertius, a unit of one thousand sestertii, or a unit of one hundred thousand sestertii. Novies means "nine times" and applies to the sestertius as a unit of one thousand sestertii. Considering the monumental inscription, the HS in the legend of this sestertius should be interpreted with the thousand, or mille, understood. Thus, the figure should be increased to 900 million sestertii, equaling the sum named on Hadrian’s monumental inscription.