Watch List notes:

Licinius I (308-324). AE Follis, Siscia mint, 315-316 AD. Obv. IMP LIC LICINIVS PF AVG. Laureate head right. Rev. IOVI CONSERVATORI. Jupiter standing left, leaning on sceptre, holding Victory on globe; eagle with wreath to left, in field, to right, Є. In exergue, •SIS•. RIC 17. AE. g. 4.03 mm. 21.50 R. Rare. Superb, sharply struck and almost fully silvered, with reddish highlights. Good EF.