Watch List notes:

Licinius I. AE 3, Reduced Follis; Licinius I; 308-324 AD, Thessalonica, 319 AD, Reduced Follis, 2.43g. RIC-68, officina A=1 (R3); C-179 (20 Fr.). Obv: IMP LICI - NIVS AVG Bust laureate, cuirassed r., seen from front. Rx: VIRT - EXERC Sol raising r. hand and holding globe in l., standing l. above pattern formed of four X's, .TS.A. in exergue. Very rare. Traditionally called "The plan of a Roman camp", this reverse type probably in fact depicts the famous vision of Constantine I, the cross within a circle surrounding the sun that he and his army saw in the sky while marching north from Marseilles in spring 310 AD. This explanation of the type, proposed by David Miller in The Celator some years ago, has assumed new claims to validity now that Peter Weiss, in Volume 16 (2003) of the Journal of Roman Archaeology, has convincingly explained Constantine's vision as a solar halo that appeared in Gaul in 310. This may be the last appearance of the pagan sun god on Roman coins (RIC VII, p. 494).
($600)