Watch List notes:

Licinius I BI Nummus. Alexandria, AD 315-316. IMP C VAL LICIN LICINIVS P F AVG, laureate head to right / IOVI CONSERVATORI AVGG, Jupiter standing facing, head to left, holding Victory on globe and sceptre; at feet, eagle standing to left, head reverted, holding wreath in beak; K in left field, wreath, B and X in right field, ALE in exergue. RIC VII 14. 4.10g, 20mm, 12h.

Extremely Fine.

From a private UK collection.