Watch List notes:

BULGARIA. Anonymous imitative issues. Late 12th-early 13th century. Æ Trachy (25mm, 2.44 g, 8h). Bust of Christ Pantokrator / Half-length figures of emperor and St. Constanttine facing, each holding labarum and globus cruciger between them. Dochev, Katalog –; Raduchev & Zhekov 1.1.4-8; Youroukova & Penchev –; cf. DOC 3b (Bulgarian imitation); cf. CLBC 10.3.1 (Bulgarian imitation); cf. SB 2011-3 (for official issue); S. Bendall, "A Latin Coinage for Thesssalonica?," in NumCirc CV.3 (April 1997), 1f (this coin). Brown patina with earthen deposits on reverse. VF.

Ex Simon Bendall Collection.