Watch List notes:

Arcadius, 383-408. Nummus (Bronze, 14 mm, 1.22 g, 6 h), Heraclea, 378-383. D N ARCADIVS P F AVG Pearl-diademed, draped and cuirassed bust of Arcadius to right. Rev. VOT / V in two lines within laurel wreath; in exergue, SMHA. RIC 18b. Attractive dark patina. Good very fine.