World Coins

This Day in History: March 15

“Beware the Ides of March” is a much-remembered warning, thanks to the political intrigue and drama it represents in the story of Julius Caesar’s assassination. The event is commemorated on the famous silver denarius issued by Marcus Junius Brutus, one of the assassins.

Coin images courtesy of Ira & Larry Goldberg Coins & Collectibles.

The “Eid Mar” silver denarius from 42 B.C. may be the most famous ancient coin ever.

The coin is ranked No. 1 in a survey of experts for the book 100 Greatest Ancient Coins by Harlan J. Berk. It is the only Roman coin to openly celebrate an act of murder and the only Roman coin to mention a specific date. 

The coin was struck to commemorate the March 15, 44 B.C., assassination of the megalomaniacal dictator Julius Caesar.

Connect with Coin World:  

Brutus was one of two chief co-conspirators leading a cabal of Roman senators that surrounded and stabbed Caesar during a Senate proceeding. The conspirators, fearful of a tyranny ushered in by Caesar, expected to be hailed as liberators, but the Roman populace was horrified by Caesar’s murder and wanted the assassins punished. Brutus fled and soon waged war against Caesar’s successors.  

After being proclaimed imperator, Brutus began issuing coins to pay his army. The Eid Mar coins of mid-42 B.C., with the pileus or cap of liberty between the daggers that executed Caesar, is Brutus’ final coinage type. 

The design is notable for the ironic appearance of a portrait of Brutus. “Caesar, a mere two years earlier, had been the first Roman to place his own portrait on Roman coins, and that was just the sort of monarchical innovation for which he had been assassinated,” Berk wrote. 

Eid Mar denarii are rare today because the type was deliberately recalled and melted down by the victors of the second battle of Philippi on Oct. 23, 42 B.C., Mark Antony and Octavian. 

An estimated population of some 80 examples was known in 2008 when Berk’s book was published, “but many more than 80 people want one of these coins and can afford the $100,000-plus price tag.” 

Even very worn examples, in Good Fine condition, can sell for around $50,000, though some cost less. What is believed to be the finest example known realized $546,250 in a 2011 Heritage Auctions sale, a record price. 

Community Comments