Watch List notes:

BITHYNIA. Nicaea. Severus Alexander, 222-235. Assarion (Bronze, 20 mm, 5.18 g, 7 h), 8. Μ ΑΥΡ CEΥH ΑΛEΞΑΝΔΡΟC ΑΥΓ Laureate and draped bust of Severus Alexander to right. Rev. NI-K-AI-E-ΩΝ Three military standards. RPC VI Online 3249. Nice black patina. Very rare. Only two examples known to RPC. Nearly very fine.

From the Orca collection, USA.