Watch List notes:

Caracalla. AD 198-217. AV Aureus (19mm, 7.27 g, 6h). Rome mint. Struck AD 198-199. IMP CAES M AVR ANTONINVS AVG, laureate, draped, and cuirassed bust right / IVVEN TA IMPERII, Caracalla standing left, holding Victory on a globe in extended right hand, reversed spear in left; to left, captive seated left. RIC IV 20 (same obv. die as illustration [Montagu 506]); Calicó 2684 (same obv. die as illustration); BMCRE 115 note; Biaggi 1177 (same obv. die). Underlying luster, tiny obverse die break, a few scratches. EF. Rare.