Watch List notes:

The Triumvirs. Octavian. 35/4 BC. AR Denarius (19.5mm, 3.82 g, 6h). Spanish or northern Italian or mint traveling with Octavian in Illyricum. Bare head right / Round shield with three concentric rows of studs and central boss. CRI 392; RIC I 543a; RSC 126 (Augustus); RBW –. Toned, some light scratches and marks, bankers' marks on the reverse. Near VF. Rare.

From the Peter J. Merani Collection. Ex Garth R. Drewry Collection (Classical Numismatic Group Electronic Auction 97, 8 September 2004), lot 124.