Watch List notes:

Licinius I BI Nummus. Ticinum, AD 317-318. IMP LICINIVS P F AVG, laureate head to right / IOVI CONSERVATORI, Jupiter standing to left, holding thunderbolt and sceptre; P in left field, ST in exergue. RIC VII 70. 3.06g, 20mm, 6h.

Near Mint State.

From a private European collection.