Watch List notes:

John III Ducas-Vatazes AV Hyperpyron. Emperor of Nicaea. Magnesia, AD 1222-1254. Christ enthroned facing, raising hand in benediction and holding Gospels; IC-XC across upper fields / John standing facing, holding labarum and akakia, being crowned by the Virgin Mary; MHP monogram in upper field between them, legends in left and right fields. Sear 2073; Nomisma 56, 17 Oct 2017, lot 275 (same dies). 2.64g, 24mm, 6h.

Near Extremely Fine; clipped into an almost-rectangular form. Struck in high relief from dies of pleasing style, and with an attractive old cabinet tone.