Watch List notes:

Gratian (367-383), Medallion, Rome, AD 378-383; AE (g 11,90; mm 29; h 12); D N GRATIA – NVS P F AVG, diademed, draped and cuirassed bust r., Rv. VRBS – ROMA, Roma seated l. on throne, holding globe and reversed spear; on the side of throne shield; in ex. R Q. Gnecchi, II, n. 3, pl. 140.8; C 88; RIC 42a.
Extremely rare. Delightful green patina and about extremely fine.

Ex Numismatica Ars Classica, Auction 21 (17 May 2001), lot 580.