Watch List notes:

Licinius, 308-324 Follis Cyzicus circa 316-317, Æ 22mm., 4.35g. Laureate head r. Rev. Jupiter standing l., holding Victory on globe in r. hand and leaning on sceptre with l. hand; in l. field, eagle holding wreath; in r. field, V and in exergue, SKM. RIC 6.

Nice portrait, Extremely Fine.