Watch List notes:

THRACE, Hadrianopolis. Caracalla. AD 198-217. Æ (27mm, 11.34 g, 7h). Laureate, draped, and cuirassed bust left, holding spear forward and shield decorated with gorgoneion / Hermes standing left, holding purse and caduceus; at feet to left, ram standing left. Youroukova, Hadrianople dies 147/– ( unlisted rev. die); Varbanov –. Green and brown patina, some pitting. VF.

From the Liggett Collection, purchased from First Light Numismatics, 21 May 2015.