Watch List notes:

Gratian AV Solidus. North Italian mint (Mediolanum?), AD 380-382. D N GRATIANVS P F AVG, pearl-diademed, draped and cuirassed bust to right / VICTORIA AVGG, two emperors, nimbate, in consular robes, seated facing on throne with their legs draped, jointly holding globe between them; above, Victory facing with wings spread; palm branch below; COM in exergue. RIC IX 5d; Depeyrot 1/1. 4.49g, 22mm, 5h.

Extremely Fine; wonderfully detailed reverse.

Ex El Medina Collection;
Ex Classical Numismatic Group, Triton III, 1 December 1999, lot 1236.