Watch List notes:

Licinius II, as Caesar, BI Nummus. Alexandria, AD 317-320. D N VAL LICIN LICINIVS NOB C, laureate and draped bust to left, holding sceptre and mappa / IOVI CONSERVATORI CAESS, Jupiter standing to left, holding globe and leaning on sceptre; crescent in left field, A in right, SMAL in exergue. RIC VII 25. 4.31g, 20mm, 1h.

Near Extremely Fine; well-centred. Extremely Rare; rated R2 by RIC.

From a private UK collection.