Watch List notes:

Licinius I Æ Nummus. Heraclea, AD 313-314. IMP C VAL LICIN LICINIVS P F AVG, laureate head right / IOVI CONSERVATORI AVGG, Jupiter standing left, holding Victory on globe and sceptre, eagle with wreath left; Δ in right field, SMHT in exergue. RIC VII 6. 3.26g, 22mm, 5h.

Extremely Fine.

From a private European collection.