Watch List notes:

Licinius I Æ Nummus. Cyzicus, AD 316-317. IMP C VAL LICIN LICINIVS P F AVG, laureate head right / IOVI CONSERVATORI, Jupiter standing left, wearing chlamys, holding sceptre and Victory with wreath, eagle with wreath to left; I in right field, SKM in exergue. RIC 6. 3.87g, 21mm, 6h.

Extremely Fine. Very Rare.

From a private European collection.