Watch List notes:

Licinius II. Caesar, AD 317-324. Æ Follis (19mm, 3.52 g, 6h). Treveri (Trier) mint, 2nd officina. Struck AD 320. Radiate, draped, and cuirassed bust right / Vexillum inscribed VOT/ XX between captive seated left and right on either side; *|–//STR. RIC VII 256. Full silvering. Choice EF. A wonderful example.

Ex Jürgen K. Schmidt Collection (Classical Numismatic Group 60, 22 May 2002), lot 1899; Classical Numismatic Group XXXIII (15 March 1995), lot 1078.