Watch List notes:

John III Ducas (Vatatzes). Emperor of Nicaea, 1222-1254. AV Hyperpyron Nomisma (29mm, 4.14 g, 6h). Magnesia mint. Struck circa 1232-1254. Christ Pantokrator enthroned facing / John standing facing, holding labarum and akakia, being crowned by the Virgin Mary. DOC 5; SB 2073. VF, some weakness.

From the D. Massey Collection, purchased from Noble Numismatics.