Watch List notes:

Maximianus, first reign, 286-305. Fraction (Bronze, 17 mm, 1.84 g, 12 h), Rome, circa 294-295. MAXIMIANVS AVG Laureate head of Maximianus to right. Rev. VTILITAS PVBLICA Utilitas standing front, head to left, placing her right hand on her breast and raising drapery with her left. Lanz 100 (2000), 467 (same dies). RIC -. Of the highest rarity, apparently the second known example. A highly interesting issue with a very unusual reverse. Slightly rough, otherwise, nearly very fine.