Watch List notes:

Arcadius, 383-408. Siliqua (Silver, 16 mm, 0.91 g, 6 h), Mediolanum (Milan), 393-402. D N ARCADIVS P F AVG Pearl-diademed, draped and cuirassed bust to right. Rev. VIRTVS ROMANORVM / MDPS Roma seated left on cuirass, holding Victory on globe in outstretched right hand and reversed spear in left. Cohen 27. RIC 1227f. Porous, otherwise, good fine.

From the Trausnitz Collection, ex G. Hirsch 222, 2 May 2002, 1099.