Watch List notes:

Gratian AV Solidus. Constantinople, AD 367. D N GRATIANVS P F AVG, pearl-diademed, draped and cuirassed bust to right / PRINCIPIVM IVVENTVTIS, emperor, nimbate, standing to right, holding transverse spear and globe; *CONS(wreath) in exergue. RIC IX 24; Depeyrot 21/3. 4.48g, 22mm, 6h.

Extremely Fine; some contact marks; very slight wave to flan.

From a private UK collection.