Caracalla, as Caesar. Rome. 196-198 AD. AR Denarius. 16-18mm; 3.15 g. 2.68g; 12h) AD 196. 

M AVR ANTONINVS CAES, bare-headed, draped bust right.
SPEI PERPETVAE Spes, draped, walking left, holding flower 
and raising hem of her robe. 

RIC 5; BMCRE 190; RSC 594; Sear 6680.
Rare.

With permission of Auktionshaus H. D. Rauch GmbH - Auction 90, Lot 586, June 2012.