Watch List notes:

Licinius I (308-324). AE Follis, Aquileia mint. D/ IMP LICINIVS PF AVG. Laureate, draped and cuirassed bust right. R/ IOVI CONSERVATORI. Jupiter standing left, holding thunderbolt and leaning on sceptre; in exergue AQS. RIC 6 (R2). AE. g. 3.09 mm. 20.00 R. Rare. Brown toning, partially silvered. Good VF.