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 facing, head to right, holding transverse spear and globe; *CONS(wreath) in exergue. RIC IX 24; Depeyrot 21/3. 4.41g, 21mm, 6h.

Good Extremely Fine.

From a private UK collection.