Watch List notes:

Michael I Rhangabe, with Theophylactus, 811-813. Miliaresion (Silver, 23 mm, 2.18 g, 11 h), Constantinople. +mIXA/HL S ΘЄOFV/LACT ЄЄCΘ' /bASILIS RO / mAIOh within a triple border of dots. Rev. IhS ЧS XRIS - tЧS hICA Cross potent on base and three steps within a triple border of dots. DOC 3. SB 1616. Nicely toned. Edge clip on 12h, otherwise, very fine.
From a European collection.