Watch List notes:

Michael III "the Drunkard", with Theodora, 842-867. Solidus (Gold, 20 mm, 4.34 g, 6 h), Constantinople, 843-856. IhSЧS X-RISTOS* Bearded, draped bust of Christ facing with cross behind, raising his right hand in benediction and holding book of Gospels in his left. Rev. +MIXAHL S ΘEODORA Crowned facing busts of Michael, on left wearing chlamys, and Theodora, on right wearing loros; between their heads, cross above and pellet below. DOC 2. SB 1687. Very rare. Nearly extremely fine.