Watch List notes:

Caracalla, 198 – 217. Aureus circa 198, AV 7.31 g. IMP CAE·M·AVR·ANT – AVG·P·TR P· Laureate, draped and cuirassed bust r. Rev. MINER – VI – CT –RIX Minerva standing l., holding Victory in r. hand and reverted spear in l., at her feet, shield; in r. field, trophy. C 158. BMC 106. RIC 25a. Calicó 2696 (this obverse die).
A very elegant portrait, the work of a skilled engraver, good extremely fine

Ex NAC sale 67, 2012, Huntington, 187. Ex HAS 30077.