Watch List notes:

ROMAN EMPIRE: Arcadius, 383-408 AD, AV solidus (4.41g), Mediolanum (Milan), S-20724, pearl-diademed, draped and cuirassed bust right // the emperor standing right, foot on bound captive, holding labarum and victory on globe, M D across fields, COMOB in exergue, possibly carefully removed from jewelry or a bezel, EF.

Estimate: 500-600 USD