wearing laurel wreath, awarded to him in the previous year after his triple triumph
Augustus depiction - reverse
Toga-clad civilian magistrate [his duty of Princeps Senatus, first of the senators, was given to him in the same year of the coin]
Event depictde
the first settlement of 27 BC, where augustus relinquished the unconsitutional powers given to him by the senate in a time of crisis
Unlike his father, Caesar, he gave such powers back
Significance
The coin represents a transition from Octavian’s representation as Military leader to civilian magistrate. Rather than a military dictator, he is a legitimate civil authority
Positioning himself as the restorer of the Republic. He is the remedy to the disorder and works within the bounds of the Republican framework