Watch List notes:

Licinius II, Caesar, 317-324. Follis (Bronze, 19 mm, 3.59 g, 12 h), Aquileia, 320. LICINIVS IVN NOB CAES Laureate, draped and cuirassed bust of Licinius II to left, holding Victory on globe in his right hand and mappa with his left. Rev. VIRTVS EXERCIT / S - F / AQS Vexillum inscribed VOT / XX between two seated captives. RIC 44. Good very fine.