Watch List notes:

Licinius I, 308-324. Follis (Bronze, 23 mm, 4.27 g, 7 h), Nicomedia, circa 312. IMP C VAL LICIN LICINIVS P F AVG Laureate head of Licinius I to right. Rev. SOLI IN-VICTO / A // SMN Sol, radiate, standing front, head to left, raising his right hand in salute and holding head of Serapis in his left. RIC 73a. Extremely fine.