Watch List notes:

PHRYGIA, Laodicea ad Lycum. Septimius Severus. AD 193-211. Æ (35mm, 24.36 g, 6h). Laureate, draped, and cuirassed bust right / Severus on horse rearing right, preparing to spear fallen horseman below. von Aulock, Phrygiens –; SNG von Aulock 3850 (this coin). Green and brown patina, minor roughness. Good VF. Extremely rare, only this example in CoinArchives.

Ex Bruun Rasmussen 874 (7 November 2017), lot 228 (misattributed to Laodicea ad Mare); Hans von Aulock Collection, 3850.