Watch List notes:

John Comnenus-Ducas. Emperor, 1237-1242. BI trachy (17.6 mm, 0.55 g, 5 h). Brockage strike. Thessalonica mint. Incuse of the reverse / John standing facing, holding labarum and akakia, being crowned by the Virgin; no legend. cf. SBV 2204 (larger module with rev. legend); cf. DOC 19 (same). F/VF. Rare. 

Ex CNG E-auction 352, lot 628.