Watch List notes:

Licinius I, with Licinius II, Caesar. AD 308-324. Gilt Æ Follis (22mm, 3.46 g, 12h). Antioch mint, 7th officina. Struck AD 320-321. Half-length laureate busts of Licinius I, right, and Licinius II, left, each wearing consular robes, holding between them a trophy / Jupiter standing facing, head left, holding scepter; before him, trophy with two captives seated at base; [SMA]TZ. RIC VII –; Bastien, "Coins with a Double Effigy Issued by Licinius at Nicomedia, Cyzicus, and Antioch," NC (1973), p. 91, 5. Fine, flan crack, thick encrustation in areas. Excellent preservation of gilding. Very rare, Bastien cites only one specimen for officina Z.

RIC lists this type for Heraclea (RIC VII 50) with the SMHTA mintmark, which may be a misreading of the Antioch mintmark.