Watch List notes:

Caracalla Æ 29mm of Nicopolis ad Nestum, Thrace. AD 198-217. AVT K M AVPH ANTΩNЄINOC, laureate head to right / OVΛ NIKOΠOΛEΩC ΠΡOC MECTΩ, Ares, helmeted, standing facing, looking to right, holding spear and shield. H&J, Nikopolis 9.18.11.8; Komick 40; Varbanov 4333. 16.67g, 29mm, 7h.

Good Fine. Very Rare; no other examples on CoinArchives.

Ex Savoca Numismatik GmbH & Co. KG, 26th Blue Auction, 23-24 November 2019, lot 672.