Watch List notes:

Constantine I, 307/310-337. Follis (Bronze, 18 mm, 3.71 g, 11 h), Heraclea, 325-326. CONSTAN-TINVS AVG Laureate head of Constantine I to right. Rev. D N CONSTANTINI MAX AVG / SMHA around decorated wreath containing VOT / • / XX / ✱ in four lines. RIC 69. Attractive earthen highlights. Nearly extremely fine.