Watch List notes:

Caracalla, as Caesar, AR Denarius. Rome, AD 196-198. [M] AVR ANTON CAES PONT[IF], bare-headed and draped bust right / [MA]RTI VLTORI, Mars advancing right, holding spear and trophy. RIC 11; RSC 154. 3.18g, 14mm, 11h.

Very Fine.

Ex Roma Numismatics Ltd., E-Sale 46, 5 June 2018, lot 682.