Watch List notes:

John III Ducas-Vatazes AV Hyperpyron. Emperor of Nicaea. Magnesia, AD 1232-1254. Christ enthroned facing, raising hand in benediction and holding Gospels; IC-XC across upper fields, X above throne to right / John standing facing, holding labarum and akakia, being crowned by the Virgin Mary; legends in left and right fields. DOC 7d; Sear 2073. 4.60g, 27mm, 6h.

Extremely Fine.

From the inventory of a UK dealer.