Watch List notes:

Licinius I, with Licinius II Caesar Æ Nummus. Antioch, AD 320-321. DD NN IOVII LICINII INVICT AVG ET CAES, confronting busts of Licinius I and Licinius II, laureate, draped, cuirassed, holding trophy between them / IO M ET VIRTVTI DD NN AVG ET CAES, Jupiter, naked apart from chlamys over shoulder, standing left, holding sceptre, to his left, two bound, seated captives at the base of a trophy; SMATS in exergue. RIC 50 (Heraclea) note; see also P. Bastien, coins with a double effigy issued by Licinius at Nicomedia, Cyzicus, and Antioch, NC 1973, 91, 5 and pl. 6, 20. 4.48g, 21mm, 11h.

Near Extremely Fine. Attractive desert patina. Very Rare.