Watch List notes:

Licinius I, 308-324. Follis (Bronze, 21 mm, 3.99 g, 1 h), Nicomedia, circa 312. IMP C VAL LICIN LICINIVS P F AVG Laureate head of Licinius I to right. Rev. SOLI IN-VICTO / Γ // SMN Sol, radiate, standing front, head to left, raising his right hand in salute and holding head of Serapis in his left. RIC 73a. A beautiful piece with a very sharp reverse. Good extremely fine.