Watch List notes:

Magnentius AV Solidus. Treveri, AD 353. D N MAGNENTIVS AVG, bare headed, draped and cuirassed bust to right / VICT CAES LIB ROM ORB, Victory standing to right, holding palm frond over left shoulder, and Libertas, holding sceptre in left hand, standing to left, both supporting trophy on shaft between them; TR in exergue. RIC VIII 296; Bastien 76 (same dies, two examples cited); Blätter für Münzfreunde 56, 1921, pl. 246, 14; Depeyrot 13/2; F. Trau Collection, Gilhofer & Ranschburg and A. Hess, 1935, 4288 (same dies). 3.84g, 22mm, 6h.

NGC graded MS 5/5 - 2/5, marks, slight bend (#6158066-011). Extremely Rare; the third known example, much better than the Trau specimen. Struck with a reverse die of Decentius.

From the GK Collection;
Ex Nomos AG, obolos 5, 26 June 2016, lot 870 (hammer: CHF 15,000).