Watch List notes:

John III Ducas (Vatatzes), emperor of Nicaea, 1222-1254. Aspron Trachy (Silver, 28 mm, 2.37 g, 5 h), Magnesia. [EMMANOV]H[L] / IC - XC Nimbate bust of Christ facing, raising right hand in benediction and holding Gospels in left. Rev. IW - O AΓIOC ΘEOWPOC, HI John III and St. Theodore standing facing, each placing a hand on the hilt of their swords and together holding a patriarchal cross between them. DOC 23. SB 2077. Quite rare. Creased and slightly porous, otherwise, very fine.

From the Trausnitz Collection, ex Gorny & Mosch 176, 10 March 2009, 2805.