Watch List notes:

Gratian, AD 367-383. Solidus (Gold, 21 mm, 4.45 g, 7 h), Constantinople, 375-378. D N GRATIANVS P F AVG Rosette-diademed, draped, and cuirassed bust of Gratian to right. Rev. CONCORDI-A AVGG / CONOB Constantinopolis seated facing on lion throne, head right, with right foot on prow, holding scepter with right hand and globe in extended left. RIC 44a. Depeyrot 31/1. Beautifully struck and centered, sharp details. Minor scratches on the obverse, otherwise, extremely fine.