Watch List notes:

Theodosius I AD 379-395. Cyzicus
Follis Æ

14 mm, 1,44 g

D N THEODOSIVS P F [AVG], pearl-diademed, draped, and cuirassed bust right / SALVS REIPVBLICAE, Victory advancing left, head right, holding trophy and dragging captive; Chi-Rho in left field; SMK[A] in exergue.

very fine

RIC IX 27b.