Watch List notes:

Hadrian, 117-138. Denarius (Silver, 19 mm, 3.56 g, 7 h), Rome, 117. IMP CAESAR TRAIAN HADRIANVS AVG Laureate bust of Hadrian to right, with slight drapery on his left shoulder. Rev. P M TR P COS II / PAX Pax standing left, holding branch in her right hand and cornucopiae with her left. BMC 78. Cohen 1015. RIC 44. RIC² 124. Nicely toned. Minor porosity, otherwise, good very fine.
From the Moesa Collection, Switzerland, ex Künker e41, 12 July 2016, 168.

Relatively unusual portrait for a denarius. This obverse legend is more common for Aurei.