Watch List notes:

Constantine I, 307/310-337. Follis (Bronze, 18 mm, 3.46 g, 6 h), Arles, 321. CONSTAN-TINVS AVG Laureate head of Constantine to right. Rev. DN CONSTANTINI MAX AVG around wreath containing VOT XX; below, P (crescent) A. RIC 233. Extremely sharp, with clear details and original silvering. Extremely fine.