Watch List notes:

Arcadius, 383-408. Solidus (Gold, 20 mm, 4.37 g, 6 h), Mediolanum, 395-402. D N ARCADI-VS P F AVG Draped and cuirassed bust of Arcadius to right, wearing pearl diadem. Rev. VICTORI-A AVGGG / M D / COMOB Emperor, in military dress, standing right, holding labarum in his left hand and Victory on globe in his right; treading, with his left foot, on bound captive to right. Depeyrot 16/1. RIC IX, 35b (RIC X 1205). Toned. Minor stain on the obverse, otherwise, nearly very fine.

From the collection of W. F. Stoecklin, Amriswil, Switzerland, acquired as a gift from his son Walter Mirko Stoecklin in Christmas 1968, who bought it some days before at the sale of the Voirol Collection, Münzen und Medaillen 38, 6-7 December 1968, 661 (CHF 500).