Watch List notes:

Moesia Inferior, Nicopolis ad Istrum. Caracalla. A.D. 198-217. AE 17 (16.7 mm, 3.05 g, 5 h). Flavius Ulpianus, magistrate. AVT K M AVP [ANTWNINOC?], laureate head of Caracalla right / V ΦΛ OUΛΠIAN NIKOΠOΛITΩN, ΠΡOCI (or similar - crowded at best), bunch of grapes. Cf. Varbanov 2987 (Rx legend); Cf. Moushmov 1105 (Rx legend). VF, well-centered, green patina.

This is a very unusual form of ethnic on the reverse. Typically an AE 17 mm would not even try to list the magistrate's name