Watch List notes:

CAPPADOCIA. Caesaraea. Caracalla, 198-217. (Bronze, 21 mm, 8.50 g, 12 h), regnal year ΙΔ (14) = 206. AΥ KAI M AΥΡH ANTΩNINOC Laureate head of Caracalla to right. Rev. MHTΡOΠO KAICAPI / ET IΔ Bunch of three grain ears. Henseler 581b. SNG Leypold II 2801 var. (legends). A rare variety. With a pleasing portrait of Caracalla and a grey-black patina with earthen highlights. Very fine.