Watch List notes:

Licinius I. AD 308-324. Æ Follis (17mm, 2.71 g, 1h). Arelate (Arles) mint, 3rd officina. Struck AD 319. Laureate and cuirassed bust right / Licinius seated facing, with head left and holding scepter and thunderbolt, upon eagle standing right, with wings spread; TARL. RIC VII 197. EF, some silvering, flan crack. Rare.