Watch List notes:

Licinius I. A.D. 308-324. AE reduced follis (18.6 mm, 3.11 g, 11 h). Arles mint, struck A.D. 319. IMP LICINIVS AVG, laureate and cuirassed bust right / IOVI CONSERVATORI AVG, emperor seated on eagle, facing right, emperor holds thunderbolt and scepter; PARL in exergue. RIC 196. aVF, sandy patina.