Watch List notes:

The Roman Empire

Gratian, 367 – 383. 1 1/2 scipula, Constantinopolis 374, AV 1.72 g. D N GRATIA – NVS P F AVG Pearl-diademed, draped and cuirassed bust r. Rev. VICTORIA – D N AVG Victory advancing l., holding wreath and palm branch; in exergue, CONS. C –. RIC –. Depeyrot –.
Apparently unique and unrecorded. Almost invisible mark in field and a
graze on obverse legend, otherwise extremely fine

Ex Berk Buy or Bid sale 111, 1999, 39; Triton VI, 2003, 1118 and Triton XIV, 2011, 859 sales. From the William H. Williams collection.