Watch List notes:

Tiberius, 14-37. Denarius (Silver, 20 mm, 3.67 g, 11 h), Lugdunum. TI CAESAR DIVI AVG F AVGVSTVS Laureate head of Tiberius to right. Rev. PONTIF MAXIM Livia (as Pax) seated right on a chair with ornamented legs, holding scepter with her right hand and olive branch in her left. BMC 48. Cohen 16. RIC 30. A lovely piece with a bold portrait. Minor flatness on the laurel wreath, otherwise, extremely fine.