Watch List notes:

Honorius (393-423), AV Solidus, 4.46g, Mediolanum, c. AD 394-395, diademed, draped and cuirassed bust right, rev. Honorius in military attire trampling captive, holding labarum and Victory on globe, m and d in fields (RIC X, no. 1206; Sear 20916), small striking split at 11 o'clock, and digs on cheek, otherwise about extremely fine.
provenance
Penkill collection
Estimate: £300 - £400