Watch List notes:

Licinius I (308-324), Nummus, Alexandria, AD 316-317; ; IMP C VAL LICIN LICINIVS P F AVG, laureate head r., Rv. IOVI CONSER - VATORI AVGG, Jupiter standing facing, head l., holding Victory on globe and sceptre; at feet to l., eagle with wreath in beak; in field r., (wreath) / X / B; in field l., K; in ex. ALE. RIC 16.
Rare. Traces of silvering, good very fine.