Watch List notes:

Licinius I Æ Nummus. Alexandria, AD 321-324. IMP C VAL LICIN LICINIVS P F AVG, radiate, draped and cuirassed bust right / IOVI CONSERVATORI, Jupiter standing left, chlamys across left shoulder, holding Victory on globe and leaning on sceptre, eagle at left with wreath in its beak, captive right; X over IIΓ in right field; SMALA in exergue. RIC 28. 3.77g, 19mm, 12h.

Very Fine.

Purchased from Classical Numismatic Group Inc., January 2011.