Watch List notes:

Gratian Æ22. Constantinopolis, AD 378-383. D N GRATIANVS P F AVG, helmeted, pearl-diademed, draped and cuirassed, right holding spear and shield in front / GLORIA ROMANORVM, Emperor standing facing, head right on ship, raising right hand; Victory at helm; wreath in left field, CONB in exergue. RIC 52a3. 6.69g, 22mm, 6h.

Near Extremely Fine.