Obverse description: Laureate head of Tiberius on the right (O*).

Reverse translation: "Tiberius Cæsar Divi Augustus Filius Augustus", (Tibère César fils du divin Auguste, auguste).

Reverse legend: PONTIF - MAXIM.

Reverse description: Pax (Peace) or Livia seated right on a decorated seat, holding an olive branch in her left hand and a long scepter in her right.

Reverse translation: "Pontifex Maximus", (Grand pontiff).

The denarius of Tiberius with Pax reverse is commonly known as the 'Tribute Penny,' the coin to which Jesus referred when he was discussing the payment of taxes to the Romans: "render to Caesar the things that are Caesar's, and to God the things that are God's". Although there are two other reverse types on the denarii of Tiberius, those were only issued during the first two years of his reign, while the Pax reverse was employed throughout the remainder, making it the more likely coin referred to. It was also the most common imperial-issue coin circulating in the region at the time. The term 'penny' is from the 1611 King James translation of the Bible, and was adopted since the penny was the standard denomination of the time.

Matthew 22:16-22 (KJV)

16 And they sent out unto him their disciples with the Herodians, saying, Master, we know that thou art true, and teachest the way of God in truth, neither carest thou for any man: for thou regardest not the person of men.

17 Tell us therefore, What thinkest thou? Is it lawful to give tribute unto Cæsar, or not?

18 But Jesus perceived their wickedness, and said, Why tempt ye me, ye hypocrites?

19 Shew me the tribute money. And they brought unto him a penny.

20 And he saith unto them, Whose is this image and superscription?

21 They say unto him, Cæsar’s. Then saith he unto them, Render therefore unto Cæsar the things which are Cæsar’s; and unto God the things that are God’s.

22 When they had heard these words, they marvelled, and left him, and went their way.