Watch List notes:

City Commemorative Series Æ Nummus. Struck under Constantine I. Arelate, AD 336. CONSTANTINOPOLIS, laureate and helmeted bust of Constantinopolis left, holding reversed spear / Victory standing left on prow, holding spear and resting on shield; PCONST in exergue; christogram in left field. RIC 401; Ferrando 943; LRBC 390. 2.73g, 18mm, 6h.

Extremely Fine. Very Rare.

From the inventory of a UK dealer.