Watch List notes:

Leo IV 'the Khazar', with Constantine VI, Leo III and Constantine V Æ 40 Nummi. Constantinople, AD 775-780. Half-length facing busts of Leo IV and Constantine VI, each wearing crown and chlamys; cross and pellet between heads / Half-length facing busts of Leo III and Constantine V, each wearing crown and loros, cross between heads, [B-A] across fields; in exergue, large M between X-N, A below. DOC 4; Sear 1586. 2.31g, 18mm, 6h.

Good Very Fine.

From the inventory of a UK dealer.