Watch List notes:

Theodosius I Æ Minimus. Uncertain mint (Cyzicus or Antioch?), AD 388-392. D N THEODOSIVS P F AVG, pearl-diademed, draped and cuirassed bust right / SALVS REI[PVBLICAE], Victory advancing left, carrying trophy with right hand, dragging along captive with left; staurogram in left field, uncertain mintmark in exergue. Cf. RIC 26b (Cyzicus) & 67b (Antioch). 1.21g, 12mm, 6h.

Very Fine.

From a private UK collection.