Watch List notes:

Leo IV, the Khazar (AD 775- 780) with Constantine VI . AV solidus (21mm, 4.41 gm, 7h). Constantinople, AD 778-780. LEOn VS S EUUOn COnSTAnTInOS O nEOS, facing busts of Leo IV, with short beard and Constantine VI, beardless, each wearing crown and chlamys; pellet between heads is a pellet, cross in field above / LEOn PAP' COnSTAnTInOS PATHR, facing busts of Leo III and Constantine V, both with short beards, each wearing crown and loros; pellet between heads, cross in field above. Sear 1583. DO 1. Rare. A lovely example, sharply struck and lustrous. NGC MS 4/5 - 4/5.

Estimate: 1600.00-2200.00 USD