Watch List notes:

LICINIUS I. Antoniniano. (Ae. 2.99g / 19mm). 317-320 AD Alexandria. (RIC 28). Anv: Radiated and draped bust with breastplate of Licinius I on the right, around legend: IMP C VAL LICIN LICINIVS PF AVG. Rev: Jupiter standing to the left carrying Victoria with laurel wreath and scepter, at his feet an eagle on the right with laurel wreath in the beak and captive seated to the right, in field: X / III, in exergue: SMALA, around legend: IOVI CONSERVATORI. Good Very Fine.