Watch List notes:

THE BYZANTINE EMPIRE
John III Ducas called Vatatzes, 1221 – 3 November 1254

Hyperpyron, Magnesia 1232-1254 (?), AV 4.52 g. Christ enthroned facing, nimbate, wearing tunic and colobion, raising r. hand in benediction and holding Book of Gospels in l.; in field, IC – XC and in l. field, above throne, O. Rev. [Iω] – I/Π/Φ/V John on l. wearing divitision and loros, holding anexikakia and labarum, crowned by the Virgin on r.; at sides of the Virgin's head, MP – ΘV. DO 5. Sear 2073.
Graffito on reverse, otherwise extremely fine