Watch List notes:

Honorius (393-423). AV Solidus, Ravenna mint, 421 AD. D/ DN HONORIVS PF AVG. Pearl-diademed, helmeted and cuirassed bust facing slightly right, holding spear in right hand and shield decorated with Chi-Rho in left. R/ Rome and Constantinopolis, enthroned vis-a-vis on cuirasses in form of eagle, thrones with dotted backs, holding wreath inscribed VOT/XXX/MVLT/XXXX between them; below, palm frond set on ground; in field, R-V; in exergue, COMOB. RIC X, 1332 (R3). Ranieri 19. Depeyrot 4/2. AV. g. 4.47 mm. 21.50 RRR. An outstanding example of this very rare and fascinating issue. Brilliant and superb. In NGC encapsulation graded Choice AU*. EF.

Ex Tauler & Fau 10.05.2018, lot 176.