Watch List notes:

Caracalla. AD 198-217. AR Denarius (19mm, 3.07 g, 12h). Rome mint. Struck AD 207. Laureate head right / PONTIF TR P X COS II, Mars, nude but for cloak flying from his waist, advancing right, holding spear and trophy over shoulder. RIC IV 88; RSC 431. EF, lightly toned.

From the Matthew Rich Collection. Ex Classical Numismatic Group XXXIII (15 March 1995), lot 893.