Watch List notes:

SILK ROAD, Uncertain. Circa 3rd-4th centuries AD. AV Bracteate (19mm, 1.61 g, 12h). Imitating a late Antonine or early Severan Rome mint aureus. IYIIHYHII IIΛYAIYII, bareheaded and draped bust left, wearing necklace with medallion / Incuse of obverse. Sergeev –; cf. Triton XI, lot 384 (for type, but without necklace). Light toning in devices, light cleaning marks, hint of porosity, trace of possible prior mounting. VF. Holed twice for suspension.