Arcadius, AR siliqua, Milan mint. 395-423. 15mm, 1.59 g.

DN ARCADI-VS PF AVG, pearl diademed, draped, cuirassed bust right.
VIRTVS RO-MANORVM, Roma seated left on cuirass, holding
Victory (with wreath and palm branch over shoulder) on 
globe and inverted spear with spur.
Mintmark MDPS.

RIC IX 32b; cf Sear 20762 (as full siliqua).

With permission of Jean Elsen & ses Fils S.A. - Auction 109, Lot 511, June 2011