Watch List notes:

BYZANTINE EMPIRE: Michael III, "the Drunkard", 842-867, AV/EL semissis (1.48g), Syracuse, S-1695, bust facing of Michael both sides, debased gold issue (common for this type); strike 5/5, surface 3/5, NGC graded choice EF, ex Choudhury Collection.

Estimate: 220-280 USD