Watch List notes:

THRACE, Pautalia, Caracalla, (A.D. 193-217), AE 29, (16.18 g), obv. laureate head to right of Caracalla, around [AVT K M AV]PH ANT**W*NEINOC, rev. Mars standing to right holding reversed spear and shield, around **OV**LPIA*C **PAUTALIA*C, (S.-, Varbanov 4988, Ruzicka -, ). Grey brown patina, very fine and very rare.

Ex CNG eSale 349, April 22, 2015 (lot 217) coming from the Wayne C. Phillips Estate.