Watch List notes:

Licinius II, Caesar, 317-324. Follis (Bronze, 19 mm, 3.73 g, 11 h), Alexandria, 321-324. D N VAL LICIN LICINIVS NOB C Helmeted and cuirassed bust of Licinius II to left, holding scepter over his right shoulder with his right hand and shield in his left. Rev. IOVI CONS-ERVATORI AVGG / X / IIΓ / SMALA Jupiter standing front, head to left, holding Victory on globe in his right hand and long scepter in his left; at his feet, eagle to left, holding wreath in beak; to right, captive seated to right, his head turned back toward Jupiter. RIC 30. Extremely fine.