Watch List notes:

Licinius I. A.D. 308-324. Æ follis (19 mm, 3.52 g, 12 h). Alexandria, A.D. 315/6. IMP C VAL LICIN LICINIVS P F AVG, laureate head of Licinius I right / IOVI CONSER-VATORI AVGG, Jupiter standing facing, head left, holding Victory on globe and scepter; at his feet to left, eagle standing left, head right, holding wreath in beak; K-(wreath)/A/X//ALE. RIC 14. Nearly complete silvering, a few light earthen deposits on reverse. Sharply struck. Choice extremely fine.