Watch List notes:

Empire of Trebizond, Manuel I Comnenus AR Trachy. Trebizond mint, AD 1238-1263. The Virgin enthroned facing; M[HP-ΘV] across fields / Manuel standing facing, holding long labarum and akakia; Manus Dei in upper right field, MNHΛ O [KMN] across fields. Bendall, Trebizond 19; Retowski 1-10 pl. 1, 1-7; BMCV 1-7 pl. 32, 6-10; Sear 2600. 2.80g, 26mm, 6h.

Near Extremely Fine. Extremely Rare; only three other examples offered at auction in the past 20 years.

From the inventory of a German dealer.