Watch List notes:

Licinius, 308-324 Follis Heraclea circa 315-316, Æ 23mm., 4.22g. Laureate head r. Rev. Jupiter standing l., holding Victory on globe in r. hand and leaning on sceptre with l. hand; in l. field, eagle holding wreath; in exergue, HTB. C 109. RIC 12.

Very Fine.