Watch List notes:

Licinius I, 308-324. Follis (Bronze, 20 mm, 2.85 g, 12 h), Heraclea, 318-320. IMP LICINIVS AVG Laureate and draped bust of Licinius to right, holding mappa in his left hand and globe and scepter in his right. Rev. PROVIDENTIAE AVGG / Λ / SMHB Campgate with three turrets and no doors. RIC VII 48 var. (differing bust type). Attractive and fully silvered. Extremely fine.