Watch List notes:

Licinius I Æ Nummus. Alexandria, AD 315-316. IMP C VAL LICIN LICINIVS P F AVG, laureate head right / IOVI CONSERVATORI AVGG, Jupiter standing left, wearing chlamys across left shoulder, holding sceptre and Victory on globe, eagle at feet to left with wreath in beak; K to left, wreath over B X to right, ALE in exergue. RIC 14. 3.40g, 20mm, 12h.

Good Extremely Fine.

From a private UK collection.