Watch List notes:

MACEDON, Thessalonica. Trajan. AD 98-117. Æ (21mm, 7.56 g, 11h). Struck AD 103/4-111. Radiate head right / ΘЄC/CAΛO/NIKЄ/ωN in three lines; above, small eagle facing, head right, with wings displayed; all within wreath. RPC III 620; Touratsoglou – (V18/R41; an unlisted die combination). Good VF, green patina, light smoothing.

From the Belgica Collection. Ex CGB 49 (30 June 2011), lot 559.