Watch List notes:

Licinius I BI Pseudo-Argenteus. Treveri, circa AD 310. IMP LICINIVS AVG, laureate, draped and cuirassed bust left, holding thunderbolt and sceptre / IOVI CONSERVATORI AVG, Jupiter, head left, holding thunderbolt and transverse sceptre, seated on eagle standing right with wings spread; PTR in exergue. RIC 825. 2.51g, 19mm, 6h.

Good Very Fine. Exceptionally high silver content billon.