Watch List notes:

Trajan Æ Semis. Rome, circa AD 109. IMP CAES NERVA TRAIAN AVG, laureate bust right, slight drapery on far shoulder / Lupa Romana (she-wolf) at bay left. RIC 694 (Quadrans) corr. (bust type); C. 340; BMCRE 1061; Woytek 600b. 2.98g, 17mm, 6h.

Near Mint State; exceptionally well preserved for the issue.

Acquired from Nomos AG;
Ex Numismatik Lanz München, Auction 155, 10 December 2012, lot 499.