Watch List notes:

BULGARIA, Second Empire. temp. Ivan Asen I. 1189–1196. BI Aspron Trachy (25mm, 3.02 g, 6h). Imitating a Constantinople mint issue of Isaac II Angelus. Hendy Type B. Uncertain mint. Struck circa 1195 or later. The Theotokos enthroned facing, holding medallion of Holy Infant / Theodore standing facing, holding cross-tipped scepter and akakia; manus Dei above. Cf. SB 2003 (for Byzanrine prototype); Hendy, p. 218 and pl. 24, 10-14; cf. Dochev, Moneti pl. 7. Brown patina. VF.

From the Martinez Collection, purchased from Alberto Trivera, 2007 (there incorrectly attributed to Theodore Mancaphas).