Watch List notes:

MACEDON, Thessalonica. Caracalla. AD 198-217. Æ (21mm, 5.22 g, 6h). Laureate, draped, and cuirassed bust right / ΘΕC/CΑΛO/NIKЄ/ΩΝ in four lines; all within wreath with large central jewel. Touratsoglou 109 (V3/R12). Earthen green-brown patina, struck on a slightly irregular flan. VF.