Watch List notes:

Licinius I BI Nummus. Aquileia, AD 320. IMP LICINIVS AVG, helmeted and cuirassed bust to right / VIRTVS EXERCIT, vexillum inscribed VOT XX in two lines, bound captives seated to left and to right at foot; S-F across fields, AQS in exergue. RIC VII 51 note. 2.77g, 19mm, 12h.

Extremely Fine.

From a private UK collection.