Watch List notes:

Licinius II, as Caesar, BI Nummus. Cyzicus, AD 317-320. D N VAL LICIN LICINIVS NOB C, laureate and draped bust to left, holding globe, sceptre and mappa / IOVI CONSERVATORI CAESS, Jupiter standing to left, holding sceptre and Victory on globe; wreath in left field, Δ in right field, SMK in exergue. RIC VII 11. 3.19g, 19mm, 6h.

Good Very Fine.

From a private UK collection.