Watch List notes:

Caracalla, 198-217. Denarius (Silver, 18.5 mm, 3.67 g, 1 h), Rome, 212. ANTONINVS PIVS AVG BRIT Laureate head of Caracalla to right. Rev. INDVLG FECVNDAE Indulgentia, wearing polos and seated left on curule chair, extending her right hand and holding scepter in her left. BMC 73. Cohen 104. RIC 214. Lovely reddish-gold toning. Extremely fine.

From the Berliner collection, formed between 1970s and 2000s.