Watch List notes:

Licinius I, 308-324. Argenteus (Billon, 18mm, 2.81 g 7), Arles, 319-320. IMP LICINIVS AVG Laureate and cuirassed bust of Licinius I to right. Rev. IOVI CONSERVATORI AVG / T ARL Jupiter, holding thunderbolt in his right hand and scepter in his left, seated left on eagle standing right, with left wing pointing downwards. RIC VII 197 var. (eagle looking back). Very rare variety. A particularly nice piece with much of its original silvering. Good very fine.