Watch List notes:

John III Ducas (Vatatzes), emperor of Nicaea, 1222-1254. Hyperpyron (Gold, 25 mm, 4.20 g, 6 h), Magnesia, 1232-1254 (?). IC - XC Christ enthroned facing, nimbate, wearing tunic and colobion, raising his right hand in benediction and holding Book of Gospels in his left; pellet above throne to left and M above throne to right. Rev. Fragmentary inscription. John, on the left, standing facing, wearing divitision and loros, holding anexikakia in his left hand and labarum in his right, crowned by the Virgin, nimbate and standing facing on the right; at sides of the Virgin's head, MP - ΘV. DOC 15c. SB 2073. Slightly reddish toning. Graffiti on reverse edge, otherwise, very fine.

From the Trausnitz Collection, ex G. Hirsch 240, 2 May 2005, 762.