Watch List notes:

JUDAEA, Sepphoris (Diocaesarea). Trajan. AD 98-117. Æ (20mm, 6.41 g, 12h). [T]PAIANOΣ AVTOKPA TΩP EΔΩKEN, laureate head right / ΣΕΠΦΩ ΡΗΝΩΝ, filleted caduceus. RPC III 3938; Rosenberger 5; Sofaer 3. VF, dark green patina with light earthen highlights/deposits.

The obverse legend translates as "Trajan the emperor gave." Trajan's issues from Sepphoris all feature this remarkable legend, which indicates that the emperor granted Sepphoris the right to strike coinage.