Watch List notes:

Licinius I Æ Nummus. Nicomedia, circa AD 311. IMP C VAL LICIN LICINIVS P F AVG, laureate head right / IOVI CONSERVATORI, Jupiter standing left, holding Victory on globe and sceptre, eagle at feet left; N Δ in right field, SMN in exergue. RIC 69a. 3.73g, 24mm, 12h.

Extremely Fine. Rare.

From a private UK collection.