Silver denarius, 16mm, 3.75gm, issued AD 196/197 Rome mint.
Obv: L SEPT SEV PERT AVG IMP VIII, Laureate head right.
Rev: MVNIFICENTIA AVG, Elephant, cuirassed, walking right.
References: Sear 6317, RIC 82, RSC 348.
Reverse refers to Severus' munifience in providing games.