Watch List notes:

Licinius Æ Nummus. Arelate, AD 319. IMP LICINIVS AVG, laureate and cuirassed bust right / IOVI CONSERVATORI AVG, emperor holding sceptre and thunderbolt, reclining on back of eagle standing right, head reverted; PARL in exergue. RIC 196. 2.89g, 20mm, 12h.

Very Fine. Rare.