Watch List notes:

Michael III "the Drunkard", 842-867. Miliaresion (Silver, 24 mm, 2.06 g, 12 h), Constantinople, 866-867. +MIXA/HL PISTOS / MEΓAC bA/SILEЧS ROMAION in five lines. Rev. ΙhSЧS XRIStЧS hICA Cross potent set on three steps; beneath, pellet. DOC 7. SB 1692. Wonderfully toned and well-centered. Good very fine.