Watch List notes:

Licinius II. Caesar, AD 317-324. Æ Follis (20mm, 2.92 g). Alexandria mint, 1st officina. Struck AD 321-324. Helmeted and cuirassed bust right, holding spear over shoulder and shield / Jupiter standing left, holding Victory on globe and scepter; at feet to left, eagle standing left, head right, with wreath in beak; to right, bound captive seated right, head left; -X/IIΓ//SMALA. RIC VII 30. VF, brown surfaces. Rare.