Watch List notes:

Septimius Severus. A.D. 193-211. AR denarius (18 mm, 3.18 g, 12 h). Alexandria, A.D. 195. [I]M-P CAE L SE-P SEV PERT AVG, laureate head of Septimius Severus right / TR P IIII IMP II COS II, Mars standing right, holding inverted spear and grounded shield. RIC -; R. Bickford-Smith, "The Imperial Mints in the East for Septimius Severus: It is time to begin a thorough reconsideration," RIN (1994-5), 7; BMC -; RSC -. Extremely rare. Toned, surfaces slightly eroded. Very fine.