Watch List notes:

Licinius I, 308-324. Follis (Bronze, 22 mm, 4.06 g, 6 h), Heraclea, 315-316. IMP C VAL LICIN LICINIVS P F AVG Laureate head of Licinius I to right. Rev. IOVI CONS-ERVATORI AVG / HTΔ Jupiter standing front, head to left, holding Victory on globe in his right hand and long scepter in his left; at his feet, eagle to left, holding wreath in beak. RIC 13. Extremely fine.