Watch List notes:

Theodosius II AV Solidus. Thessalonica, AD 408-420. D N THEODOSIVS P F AVG, pearl-diademed, helmeted, and cuirassed bust facing slightly right, holding spear over shoulder and shield decorated with the motif of Victory holding spear with serpent before / CONCORDIA AVGG, Constantinopolis enthroned facing, head right, holding sceptre and Victory on globe; right foot on prow, star in left field, TESOB in exergue. RIC -, cf. 351, 353, 358 for similar type with different shield designs. 4.42g, 20mm, 5h.

Near Mint State. An apparently unlisted and perhaps unique variety of this very rare issue, all of which are rated in RIC (nos. 348-360) as R3-R4.