Watch List notes:

The Roman Empire

Caracalla augustus, 198 – 217. Aureus 199-200, AV 7.13 g. ANTONINVS – AVGVSTVS Laureate, draped and cuirassed bust r. Rev. RECTOR – ORBIS Sol standing facing, head l., holding globe and sceptre. C 541. BMC 163. Mazzini 541 (this coin). RIC 39a. Calicó 2804 (these dies).
Rare. A very elegant portrait struck in high relief and a finely
engraved reverse die. Good extremely fine
Ex Ars Classica VIII, 1924, Bement, 1213; Ars Classica XVII, 1934, 891; NGSA 2, 2002, 112; Stack's January 2005, 48 and Stack's January 2011, 149 sales. Found in Karnak and from the Sanpex and Mazzini collections. From the collection of a retired banker.