Watch List notes:

Licinius, 308-324 Follis Alexandria circa 315, AV 19.60 mm., 3.61 g.
Laureate head r. Rev. Jupiter standing l., holding Victory and sceptre: in l. field, eagle with wreath; in r., wreath / N / N. In exergue, ALE. C 111. RIC 10.

Extremely Fine.