Michael VIII Palaeologus AD 1261-1282. Struck AD 1263 (?). Uncertain mint
Trachy AR
23mm., 2,66g.
Archangel Michael standing facing, holding sword with right hand and resting left hand upon shield (?), MI- to right, -XH(?)X to left / MI-XA-HΛ ΔЄC-П down left field, O ΠAΛ-Є-O-Λ-Ο-Γ-Ο-C down right, Michael VIII standing facing, holding long cross with right hand and akakia with left.
very fine, double struck
Cf. CNG, Triton XIII, Lot 459, 05.01.2010, (same coin, sold for 2600 USD).