Watch List notes:

Gratian AV Solidus. North Italian mint (Mediolanum?), AD 380-382. D N GRATIANVS P F AVG, pearl-diademed, draped and cuirassed bust right / VICTORIA AVGG, two emperors, in consular robes, seated facing on throne with their legs draped, jointly holding globe; between and behind them, Victory with outspread wings; between and below them, palm branch; COM in exergue. RIC 5d; Depeyrot 1/1. 4.49g, 21mm, 6h.

Near Mint State.

Acquired from Artemide Aste s.r.l. (San Marino).