Watch List notes:

Licinius II (son of Licinius I), as Caesar, Æ Nummus. Alexandria, AD 316-317. VAL CONSTANTINVS LICINIVS N CAES, laureate head right / IOVI CONSERVATORI CAESS, Jupiter standing facing, head left, with chlamys across left shoulder, leaning on sceptre with left hand and holding Victory on globe in right; eagle, holding wreath in beak, standing left at his feet, K in left field above, wreath above X above A in right field, ALE in exergue. RIC 21. 3.47g, 21mm, 12h.

Good Very Fine; slightly rough surfaces. Extremely Rare.

From the inventory of a UK dealer.