Watch List notes:

Licinius I. A.D. 308-324. AE reduced follis (18.1 mm, 2.77 g, 6 h). Arles mint, struck A.D. 319. Scarce. IMP LICINIVS AVG, laureate and cuirassed bust right / IOVI CONSERVATORI AVG, Jupiter, holding scepter and thunderbolt, riding eagle right; SARL in exergue. RIC 196. Fine, lightly porous.