John III Ducas (Vatatzes). Emperor of Nicaea, 1222-1254. AV Hyperpyron (28mm, 3.63 g, 6h). Magnesia mint. Struck circa 1232-1254. Christ Pantokrator enthroned facing; pellets at ends of throne / John standing facing, holding labarum and akakia, being crowned by the Theotokos (Virgin Mary). DOC 5; SB 2073. Good VF, toned, scratches/graffiti in margins.