Watch List notes:

Arcadius Æ2. Nicomedia, AD 383-395. D N ARCADIVS P F AVG, pearl-diademed, draped and cuirassed bust right / VIRTVS EXERCITI, Emperor standing right, holding standard and globe, left foot on captive; palm in left field, SMNΓ in exergue. RIC 44c. 5.31g, 23mm, 7h.

Near Very Fine.