Watch List notes:

Licinius I, 308-324. Follis (Bronze, 19 mm, 3.16 g, 6 h), Treveri, 320. LICINI-VS P AVG Helmeted and cuirassed bust of Licinius I to right. Rev. VIRTVS EXERCIT / STR Vexillum inscribed VOT / XX between two captives. RIC 267. Very rare. Light deposits, otherwise, very fine.


From the Tetrarchy Collection, formed over the past twenty-five years.