Watch List notes:

Septimius Severus, 193-211. Sestertius (Orichalcum, 31 mm, 28.58 g, 6 h), Rome, 196. L SEPT SEV PERT AVG IMP VIII Laureate head of Septimius Severus to right. Rev. MVNIFICENTIA AVG / S C Elephant walking to right. BMC 602. Cohen 351. RIC 721. Rare. Somewhat rough and with a minor edge crack, otherwise, very fine.