Watch List notes:

Caracalla, AD 198-217. Denarius (Silver, 19 mm, 2.51 g, 12 h), Rome, 208. ANTONINVS PIVS AVG Laureate head of Caracalla to right. Rev. PONTIF TR P XI COS III / PROF Caracalla, in military dress and holding a transverse spear in his right hand, riding a horse walking to right. BMC 572. Cohen 511. RIC 107. Obverse boldly struck in high relief. Reverse die slightly worn, otherwise, about extremely fine.

From a German collection acquired in May 1988 from Lanz.