Watch List notes:

JUDAEA, Sepphoris (Diocaesarea). Trajan. AD 98-117. Æ (14mm, 2.05 g, 12h). [TP]AIANOΣ AV[TOKPA]TOP EΔΩKEN, laureate head right / [ΣΕ]ΠΦΩ ΡΗΝΩΝ, two grain ears bound in their stalks. RPC III 3939; Rosenberger 6; Sofaer 4. Good VF, attractive 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.