Watch List notes:

Licinius I (308-324). AE Follis, Alexandria mint, 321-324. D/ Bust left, helmeted, draped, cuirassed, holding spear and shield. R/ Jupiter standing left, wearing chlamys over left shoulder, holding Victory on globe and scepter topped by eagle; before, eagle holding wreath; behind, seated captive. RIC VII, 30. AE. g. 3.46 mm. 20.00 Good VF.