Watch List notes:

The Roman Empire

Licinius I, 308 – 324. Follis, Treveri 320-321, Æ 2.92 g. IMP LICI – NIVS AVG Laureate, draped and cuirassed bust r. Rev. VIRTVS – EXERCIT Two captives seated at base of standard inscribed VOT / XX; in field, T – F. In exergue, STR. C 192 var. (laureate head). RIC 295.
Very rare. Dark green patina and virtually as struck and almost Fdc