Watch List notes:

Licinius I BI Nummus. Nicomedia, AD 313-317. IMP C VAL LICIN LICINIVS P F AVG, laureate head to right / IOVI CONSERVATORI, Jupiter standing to left, holding Victory on globe and sceptre, eagle at feet to left with wreath in beak; Є in right field, SMN in exergue. RIC VII 13. 3.45g, 21mm, 6h.

Extremely Fine.

From a private European collection.