Watch List notes:

Licinius I BI Nummus. Nicomedia, AD 313-317. IMP C VAL LICIN LICINIVS P F AVG, laureate head to right / IOVI CONSERVATORI, Jupiter standing to left, wearing chlamys over right shoulder, holding Victory on globe and leaning on sceptre; at feet to left, eagle standing to left, head to right, with wreath in beak; Є in right field, SMN in exergue. RIC VII 13. 4.04g, 20mm, 1h.

Near Extremely Fine.

Ex Naville Numismatics Ltd., Auction 57, 26 April 2020, lot 649.