Watch List notes:

Licinius I. A.D. 308-324. Æ follis (24 mm, 7.03 g, 7 h). Cyzicus, A.D. 308/9. VAL LICINNIANVS LICINNIVS P F AVG, laureate head of Licinius I right / VIRTVTI EXERCITVS, Mars advancing right, holding spear and trophy over shoulder; B-*//MKV. RIC 60. Dark brown patina with some silvery highlights. Good very fine.