Watch List notes:

Licinius II, Caesar, 317-324. Follis (Bronze, 19.5 mm, 2.96 g, 10 h), Alexandria, 2nd officina, 321-324. DN VAL LICIN LICINIVS NOB C Helmeted and cuirassed bust of Licinius II to left, holding spear over right shoulder and shield on left arm. Rev. IOVI CONS-ERVATORI / X/IIΓ/SMALB Jupiter standing facing, head left, holding Victory on globe in right hand, scepter in left; at feet to left, eagle standing left, head turned to right, holding wreath in beak; at feet to right, bound captive seated right, head turned to look up and behind. RIC 30. Nice dark green patina with subtle earthen highlights; well centered and struck. Nearly extremely fine.