Watch List notes:

Caracalla augustus, 198 – 217. Aureus 209, AV 7.16 g. ANTONINVS – PIVS AVG Laureate bust r., with drapery on l. shoulder. Rev. PONTIF – TR P XII – COS III Mars striding l., holding branch in r. hand and trophy in l. C –. BMC p. 358 note*. RIC 109b. Faces of Power 425 (this coin illustrated). Calicó 2787 (these dies).
Rare and in exceptional condition for the issue. A bold portrait and a magnificent
reverse composition. Virtually as struck and almost Fdc

Ex Hirsch 29, 1910, 1179; Canessa 28 June 1923, Caruso, 435 and Leu sale 38, 1986, 307 sales. From the Adda collection.