Watch List notes:

Septimius Severus. AD 193-211. AR Denarius (17mm, 3.55 g, 12h). Emesa mint. Struck AD 195. Laureate head right / Trophy between two captives seated back to back, the one on left propping head on head, the one on right with hands tied behind back. RIC IV 435; RSC 658. Toned. Good VF.

From the Jack A. Frazer Collection. Ex Classical Numismatic Group 47 (16 September 1998), lot 1711.