Watch List notes:

Licinius II, as Caesar, BI Nummus. Rome, AD 320. LICINIVS IVN NOB C, laureate, draped and cuirassed bust to right / ROMAE AETERNAE, Roma seated to right, inscribing X V in two lines in shield; RЄΡΩCQ (partially ligate) in exergue. RIC VII 199. 3.23g, 19mm, 7h.

Near Extremely Fine. Extremely Rare.

From a private UK collection.