Watch List notes:

John III Ducas-Vatazes AV Hyperpyron. Emperor of Nicaea. Magnesia, AD 1222-1254. Christ enthroned facing, raising hand in benediction and holding Gospels; IC-XC across upper fields, O to left / John standing facing, holding labarum and akakia, being crowned by the Virgin Mary; MHP between them in upper field, ΘV to upper right, [legends] to left and right. DOC 13d; Sear 2073. 4.45g, 26mm, 6h.

Extremely Fine.