Watch List notes:

Licinius II. Caesar, AD 317-324. Æ Follis (21mm, 3.28 g, 12h). Alexandria mint, 1st officina. Struck AD 316-317. Laureate head right / Jupiter standing left, holding Victory on globe and scepter; at feet to left, eagle standing left, head right, with wreath in beak; K|(wreath)/X/A//ALE. RIC VII 21. Thick earthen black patina, a few light cleaning scratches. VF. Rare.