Watch List notes:

Maximianus augustus, first reign 286 – 305. Aureus, Treveri 294, AV 5.50 g. MAXIMI – ANVS AVG Laureate head r. Rev. COMES AVGG Minerva standing l., holding spear in r. hand and shield in l. C –. RIC 4. Depeyrot 1D/1. Calicó 4600 (these dies).
Extremely rare, only one specimen listed by Depeyrot. Light reddish tone,
minor marks, otherwise good very fine / about extremely fine

Ex Rauch sale 86, 2010, 1175. From the collection of a Retired Banker.