Watch List notes:

Licinius I (308-324). Æ Follis (21.5mm, 3.38g, 12h). Heraclea, AD 313. Laureate head r. R/ Jupiter standing front, head l., holding Victory on globe and sceptre; to l., eagle standing l., head r., holding wreath in beak; Δ//SMHT. RIC VI 73. Brown patina, VF
Estimate: 40 GBP