Watch List notes:

Antoninus Pius. AD 138-161. AV Aureus (18.5mm, 6.98 g, 5h). Rome mint. Struck AD 138. IMP T AEL CAES HADRI ANTONINVS, laureate bust right, slight drapery / AVG PIVS • P M TR P COS DES II, Pietas, draped, standing right, holding acerrum (incense box) in left hand, extending right hand over lighted and garlanded altar to right. RIC III 13 var. (bust type); Calicó 1471 (this coin illustrated); BMCRE 27 note; Biaggi 698 (this coin); Mazzini 71 (this coin). Lustrous, traces of deposits, light smoothing in obverse fields. EF. Splendid early portrait.

From the JFL Collection. Ex RLS Collection (Classical Numismatic Group 70, 21 September 2005), lot 1026; Numismatic Fine Arts XVIII (Part II, 31 March 1987), lot 481; Leo Biaggi de Blasys Collection, 698; Giuseppe Mazzini Collection, 71.