Watch List notes:

Caracalla. AD 198-217. AR Denarius (18.5mm, 3.28 g, 12h). Rome mint. Struck AD 213. Laureate head right / Hercules, naked, standing left, holding branch and club, lion skin draped over arm. RIC IV 206a; RSC 220. Lightly toned, delamination flaw on reverse, small flan crack, minor verdigris. EF.

From the Jack A. Frazer Collection. Ex Berk BBS 79 (2 November 1993), lot 321.