Watch List notes:

The Roman Empire

Octavian as Augustus, 27 BC – 14 AD. Denarius, Lugdunum 15-13, AR 3.88 g. AVGVSTVS – DIVI·F Bare head r. Rev. Two soldiers (or Drusus and Tiberius) with parazonium offering branches to Augustus seated l. on platform; in exergue, IMP·X. C 133. BMC 445. RIC 165a. CBN 1366.
Rare. Lovely old cabinet tone and extremely fine
Ex UBS sale 56, 2003, 212. Privately purchased from Baldwin's.