Flavian Grail: Titus IVD CAP

Does this coin have a possible Colosseum connection?

Titus
Æ Sestertius, 25.80g
Rome mint, 80-81 AD
Obv: IMP T CAES VESP AVG P M TR P P P COS VIII; Head of Titus, laureate, bearded, l.
Rev: IVD CAP across field; S C in exergue; Palm tree; to l., Judaea std. l. on arms; to r., Captive stg. r., looking back
RIC 149 (C). BMC 165. BNC 157. Hendin 1592.
Ex Bertolami E-Live Auction 236, 24-25 September 2022, lot 800.

The Jewish War was a gift that kept on giving for the Flavian dynasty. This rare Judaea Capta commemorative sestertius was struck a decade after the fall of Jerusalem for Titus as Augustus. The new emperor wished to remind the Roman populace of his military bona fides and his part in the Jewish War. This later variant of the type differs from those stuck under Vespasian by the shortened reverse legend (IVD CAP instead of IVDAEA CAPTA) and the presence of an oblong shield or yoke(?) to the right of the standing captive. COS VIII dates the coin to either 80 or 81, although it’s possible the IVD CAP types were struck in 80 to coincide with the opening of the massive Flavian Amphitheater. A recently discovered dedicatory inscription of the building states “The Emperor Titus Caesar Vespasian Augustus Commanded the New Amphitheater to be Built from the Spoils of War.” Combined with the original decoration scheme of palm trees, shields, and captives it is compelling evidence the IVD CAP coins were issued during the structure’s inaugural games in the late spring or early summer of 80.

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