Watch List notes:

Licinius II. Caesar, A.D. 317-324. AE reduced follis (19.6 mm, 3.13 g, 5 h). Arles mint, struck A.D. 321. LICINIVS NOB CAES, laureate head of Licinius II right / CAESARVM NOSTRORVM, legend around VOT V in two lines within wreath; Q star over crescent A in exergue. RIC 242. aVF. Rare.