Watch List notes:

Licinius II, Caesar, 317-324. Follis (Bronze, 19 mm, 2.60 g, 12 h), Thessalonika, 5th officina, 320. LICINIVS IVN NOB CAES Laureate head of Caesar Licinius to right. Rev. CAESARVM NOSTRORVM around VOT • V / TS E VI in three lines. RIC VII 92 (as R4). Very rare. Some rough areas, otherwise, good very fine.