In 2003, rescue excavations at Piazzeta dell'Anfiteatro, Trento, identified an extramural funerary area dated to the 5th c. CE. The necropolis yielded 45 coins (3rd–5th c.), most of which were involuntary losses. Owing to the sound stratigraphy of the site, these coins present a reliable sample of coinage circulating in Tridentum during the 5th c. This study presents a brief synthesis of the transformations undergone by the Late Antique city, so as to understand the dynamics attested in Piazzeta dell'Anfiteatro, a description of the stratigraphic units that contained coins, and a detailed analysis of the coins from several perspectives. The aim is to improve our understanding of the Late Antique monetary history of the city and Trentino's territory.