Watch List notes:

Caracalla Æ 30mm of Nicopolis ad Nestum, Thrace. AD 198-217. AYT K M AYPH ANTΩNINOC, laureate head to right / OVΛ NIKOΠOΛEΩC ΠP MECTΩ, Ares standing facing, head to right, nude except for helmet, holding spear and shield. H&J 9.18.11.2; Varbanov 4312. 14.99g, 30mm, 8h.

Near Very Fine. Rare.

Ex Leu Numismatik AG, Web Auction 11, 22 February 2020, lot 1270.