Watch List notes:

Gratian Æ Nummus. Lugdunum, AD 378-383. D N GRATIANVS P F AVG, pearl-diademed, draped and cuirassed bust right / GLORIA ROMANORVM, Emperor walking to right, dragging captive with right hand and holding labarum; O in left field, F-II R-S in two lines in right field, LVGS in exergue. RIC 20c. 2.62g, 19mm, 7h.

Very Fine.

From the PT Collection of the Later Empire.