Watch List notes:

Arcadius AV Solidus. Mediolanum, AD 395-402. DN ARCADIVS P F AVG, pearl-diademed, draped and cuirassed bust right / VICTORIA AVGGG, the emperor standing right, foot on bound captive, holding labarum and Victory on globe, M-D across fields, COMOB in ex. RIC 1205; Depeyrot 16/1. 4.46g, 22mm, 12h.

Extremely Fine. Beautiful lustre.

From the Ambrose Collection;
Ex J.G. Collection, Heritage 3019, 26 April 2012, lot 23445.