Watch List notes:

Gratian, 367-383. Solidus (Gold, 21 mm, 4.43 g, 12 h), Thessalonica, 378-383. D N GRATIA-NVS P F AVG Pearl-diademed, draped and cuirassed bust of Gratian to right. Rev. VICTOR-IA AVGG / TESOB· Two emperors seated facing on throne, together holding globe in their right hands; behind and between them, Victory with outspread wings; between their feet, palm branch. Cohn 38. Depeyrot 34/1. RIC 34a. Perfectly centered and sharply struck. Minor planchet faults on the back of Gratian's head and on the reverse, otherwise, extremely fine.

Sold on behalf of the Compagnie Bancaire Helvétique, Switzerland, ex Numismatica Ars Classica 33, 5 April 2006 612.