Watch List notes:

ANCIENT COINS. Roman. Gratian (AD 367-383), Silver Light Miliarense, mint of Treveri, AD 375-83, D N GRATIA-NVS P F AVG, pearl-diademed, draped and cuirassed bust right, rev VIRTVS – EXERCITVS, Emperor standing facing, head left, holding labarum with hooked staff and resting on shield, TRPS in exergue, 4.26g, 12h (RIC 42b and 53a; C 52). A few light old marks beneath dark tone, good very fine.

Estimate: £800-1200