Watch List notes:

Licinius II (son of Licinius I), as Caesar, BI Nummus. Arelate, AD 320. LICINIVS IVN N C, radiate, draped and cuirassed bust to right / VIRTVS EXERCIT, military standard marked VOT XX, captives seated either side; PARL in exergue. RIC VII 206. 3.49g, 17mm, 12h.

Good Very Fine. Extremely Rare, only one other example on CoinArchives.

From the Vitangelo Collection, collector's ticket included.