Watch List notes:

John III Ducas (Vatatzes), emperor of Nicaea, 1222-1254. Trachy (Bronze, 27 mm, 1.46 g, 6 h), Magnesia. Christ Pantokrator standing facing. Rev. John and St. Constantine standing facing, holding sword between them. DOC 47. SB 2101. Rare; gentle green patina. Particularly thin flan, typical for the issue and double struck obverse, otherwise, good very fine.