Watch List notes:

Augustus (27 BC - 14 AD). AR Denarius. Uncertain Spanish mint (Colonia Patricia?), c. 19 BC. RIC I (2nd ed.) 86a. AR. 3.67 g. 19.00 mm. Banker's mark on obverse. Scratch. Good VF/VF. The clipeus virtutis, a shield of valor, was presented together with laurel branches to Octavian by the Roman Senate in January of 27 BC in commemoration of the Battle of Actium.