Empire of Nicaea. John III Ducas-Vatatzes. 1221-1254. AV hyperpyron (26 mm, 4.56 g, 6 h). Magnesia, 1227-1232. Christ enthroned facing, raising hand in benediction and holding Gospels / Half-length facing figures of John III, on left, and the Virgin Mary, on right, holding patriarchal cross between them. DOC 1; SB 2072. Light graffito ('B') in outer obverse margin. Good very fine.