Watch List notes:

ARMENIA, Cilician Armenia. Royal. Levon I. 1198-1219. AR Tram (22mm, 2.75 g, 7h). Coronation issue. The Virgin, nimbate and orans, standing facing, receiving Levon kneeling left, head facing; ray of light above; ՅԱ below / Two lions rampant back-to-back, each with head reverted; between, cross pattée set on spear, three pellets below. AC 258. EF.

From the Jack A. Frazer Collection. Ex Classical Numismatic Group XXVII (29 September 1993), lot 101.