Watch List notes:

Licinius I, 308-324. Follis (Bronze, 20 mm, 3.72 g, 12 h), Nicomedia, 317-320. IMP LICINIVS AVG Laureate and draped bust of Licinius to left holding mappa in his right hand and globe and scepter in his left. Rev. IOVI CONSERVATORI AVGG / palm - Δ / SMN Jupiter, naked but for cloak, standing front, his head turned to left, holding Victory set on globe in his right hand and long vertical scepter with his left. RIC VII 24. A perfectly struck piece with intact silvering. Good extremely fine.