This coin is a silver denarius minted in Lugdunum (now Lyon), most likely under the reign of Augustus, the first emperor of Rome. There are factors which point to a possibility of the coin being a restitution issue minted under either Trajan or Hadrian, such as its pristine condition, which implies a lack of use, and the similarity of symbols employed on this denarius and denarii of Trajan’s era. The coin is a prime example of Augustus’ use of propaganda inserted into Roman daily life to sell the idea of empire to a Roman people who ardently defended a long-standing tradition of republican government. It also serves as an excellent example of the powerful ways Augustus used imagery and symbolism to convey his self-image, pedigree, and sovereignty over the Roman Empire.
Ibsen, Jens and Miller, Melissa, "The Use of Propaganda on an Augustan Denarius" (2013). Pepperdine University, All Undergraduate Student Research. Paper 79.