Watch List notes:

Licinius I BI Nummus. Cyzicus, AD 313-315. IMP C VAL LICIN LICINIVS P F AVG, laureate head to right / IOVI CONSERVATORI, Jupiter standing to left, chlamys across shoulder, holding sceptre and Victory on globe; eagle with wreath to left; B in right field; SMK in exergue. RIC VII 4. 3.99g, 21mm, 5h.

Extremely Fine. Rare.

From a private UK collection.