Watch List notes:

Licinius II, as Caesar (317-324), Nummus, Rome, AD 318-319; AE (g 3,05; mm 19; h 6); LICINIVS IVN NOB C, laureate, draped and cuirassed bust r., Rv. ROMAE AE - TERNAE, Roma seated r., shield in lap inscribed X / V; in field, P - R; in ex. RP. RIC 154.
Extremely rare, good very fine.