Watch List notes:

Honorius, 393-423. Solidus (Gold, 20 mm, 4.47 g, 6 h), Ravenna, 402-406. D N HONORIVS P F AVG Pearl-diademed, draped, and cuirassed bust of Honorius to right. Rev. VICTORIA AVGGG / R-V/COMOB Honorius standing right, with his left foot set on captive, holding labarum in his right hand and, in his left, a globe topped by Victory holding a wreath to crown the emperor. Depeyrot 7/1. Ranieri 13. RIC 1287. Excellent centering and well-struck. Nearly extremely fine.

From a Swiss private collection, acquired from Michel Dürr in early 1980s.