Watch List notes:

Photios, 10th century. Tessera (Bronze, 23 mm, 3.43 g, 12 h). Θ / N/I-K/O/Λ/A, Nimbate facing bust of Saint Nicholas, raising his right hand in benediction and holding a book of Gospels in his left hand. Rev. Φ(Ⲱ)TIOV in the form of a large monogram. Unpublished in the standard references. An interesting middle-Byzantine tessera. Flan fault on the reverse, otherwise, very fine.