Watch List notes:

PHRYGIA. Laodicea ad Lycum. Caracalla, 198-217. Medallion (Orichalcum, 43 mm, 38.52 g, 6 h), L. Ail. Pigres, asiarchos for the third time, circa 215-216. AYT KAI M AYP ANTΩNЄINOC Laureate, draped and cuirassed bust of Caracalla to right, seen from behind. Rev. ЄΠΙ Λ ΑΙ ΠΙΡΓΗΤΟC ΑCIAPXOY•Γ• / ΛAΟΔIKЄΩN NЄ/ΩKΟPΩN Caracalla, radiate and togate, driving quadriga of elephants to left, holding phiale in his right hand and scepter in his left. BMC -. SNG Copenhagen -. SNG von Aulock 3857 (same dies). Extremely rare. Patina stripped and hence quite rough, otherwise, about very fine.