Watch List notes:

KINGDOM OF NICAEA: John III Ducas-Vatatzes, 1222-1254, AV hyperpyron, Magnesia, S-2073, Christ enthroned // John standing left, holding labarum & akakia, crowned by the Virgin, some areas of weakness on both sides, NGC graded AU, ex Choudhury Collection.

Estimate: 160-200 USD