Watch List notes:

Constantine II. As Caesar, A.D. 317-337. Æ follis (18 mm, 2.89 g, 12 h). Thessalonica, under Constantine I, A.D. 320. CONSTANTINVS IVN NOB C, laureate, draped and cuirassed bust of Constantine II left / VIRTVS EXERCIT, two captives seated back-to-back at base of cross-topped standard with banner inscribed VOT/XX in two lines; S-F//·TS·B·. RIC 80. Nearly full silvering. Extremely fine.