Watch List notes:

The Triumvirs. Octavian and Agrippa. 38 BC. AR Denarius (18mm, 3.68 g, 12h). Military mint travelling with Agrippa in Gaul or with Octavian in Italy. Bare head of Octavian right, wearing slight beard / M • AGRIPPA COS/DESIG in two lines across field. Crawford 534/3; CRI 307; Sydenham 133; RSC 545; RBW 1821 var. (rev. legend end DESIC). Toned, rough surfaces, large pit/area of corrosion on the reverse. Near VF.

From the John L. Cowan Collection, purchased from Collector Galleries, 9 February 2011.