Watch List notes:

Licinius I BI Nummus. Nicomedia, AD 313-317. IMP C VAL LICIN LICINIVS P F AVG, laureate bust right / IOVI CONSERVATORI, Jupiter, chlamys over shoulder, leaning on sceptre, holding Victory on globe, eagle with wreath left, N over S in right field; SMN in exergue. RIC 15. 3.69g, 21mm, 1h.

Extremely Fine.

From a private European collection.