Watch List notes:

Caracalla, as Caesar, AR Denarius. Laodicea ad Mare, AD 196-197. M AVR ANTON CAES PONTIF, bare-headed, draped and cuirassed bust to right / SECVRITAS PERPETVA, Minerva standing to left, resting hand on shield and holding inverted spear. RIC IV 330; BMCRE 459 (Wars); RSC 566. 2.82g, 19mm, 12h.

Extremely Fine.

From a private UK collection.