Watch List notes:

Augustus; 27 BC-14 AD, as Octavian, 28 BC, Denarius, 3.81g. BM-650, Paris-906, C-2 (25 Fr.), RIC-275a. Obv: CAESA[R] - COS VI Head bare r., lituus behind. Rx: AEGYPTO / CAPTA ("Egypt Captured") Crocodile standing r. with jaws open. Rare: only 22 specimens from 10 obverse and 11 reverse dies catalogued by Sutherland, Octavian's Gold and Silver Coinage from c. 32 to 27 BC, Quaderni ticinesi 1976, pp. 139-40, unfortunately with an illustration of only one piece, not every die.Top of Augustus' hair down to about his ear is flatly struck, but not softening the portrait. This is one of the most desirable coins issued by Augustus referring to the defeat of Antony and Cleopatra. Small countermark in the field in front of Augustus' chin. Reverse of this coin is slightly worn on the crocodile, but otherwise exceptional VF