Watch List notes:

Caracalla. As Caesar, AD 196-198. Æ Sestertius (33mm, 26.37 g, 6h). Rome mint. Struck under Septimius Severus, AD 196-197. Bareheaded, draped, and cuirassed bust right / Spes advancing left, holding flower and raising hem of skirt. RIC IV 401; Banti 127. Fine, brown surfaces, large flan crack.

From the J. Eric Engstrom Collection.