Watch List notes:

Licinius I Æ Nummus. Heraclea, AD 312. IMP C VAL LIC LICINIVS P F AVG, laureate head right / IOVI CONSERVATORI, Jupiter standing to left, holding sceptre and Victory on globe, eagle standing to left before, head to right and holding wreath in beak; HTA in exergue. RIC 12. 2.73g, 22mm, 12h.

Good Extremely Fine. Extremely Rare.

From a private European collection.