Watch List notes:

ANCIENT COINS, Roman, Licinius I (AD 308-324), Gold Aureus, mint of Nicomedia, struck AD 321-322, LICINIVS AVG OB D V FILII SVI, draped and cuirassed bust facing, rev IOVI CONS LICINI AVG, Jupiter enthroned facing, on a platform inscribed SIC X / SIC XX, holding Victory on a globe and a sceptre, eagle stands at his feet on left with a wreath in its beak, SMNE in exergue, 5.34g, 1h (RIC 41; Calicó 5095 (this coin); C 128; Depeyrot 31/1). With a superb fully facing portrait of excellent style, extremely fine and very rare.

Estimate: £25,000-30,000