Watch List notes:

Caracalla; 198-217 AD, Rome, 204 AD, Denarius, 3.13g. BM-296 note, C-658 (5 Fr.), RIC-144b. Obv: ANTONINVS - PIVS AVG Bust laureate, draped, cuirassed r. Rx: VICT - PART MAX Victory advancing l. holding wreath and palm. Ex Curtis L. Clay Collection; ex Wayne Phillips List 204, March 1996, no. 152. Rare with bust draped and cuirassed rather than just draped: for this variety BMC-296 note quotes Cohen's first edition (probably just a misprint), plus another specimen in the Clay Collection, not the present coin. . EF (200)