Watch List notes:

Caracalla AV Aureus. Rome, AD 199. ANTONINVS AVGVSTVS, laureate, draped and cuirassed bust right / SEVERI P II AVG FIL, Caracalla standing facing, head left, holding Victory on globe and spear, captive seated left at feet in attitude of mourning. RIC 45; Calicó 2818 (same rev. die); Hill 416; BMCRE -, cf. 172 (footnote). 7.43g, 20mm, 12h.

Good Extremely Fine; lightly toned, with underlying lustre. A magnificent specimen.

Ex Auktionshaus H. D. Rauch GmbH, Auction 102, 7 November 2016, lot 124;
Ex Bank Leu AG, Auction 83, 6 May 2002, lot 791;
Ex Bank Leu AG, Auction 57, 25 May 1993, lot 284.