Watch List notes:

Commodus. AD 177-192. Æ Medallion (38mm, 53.72 g, 12h). Rome mint. Struck AD 191. Laureate, draped, and cuirassed bust right / Minerva advancing right, head left, right arm raised, carrying shield in left; to left, olive tree and owl on column; altar to right. Gnecchi II 47, pl. 81, 6; Banti 211. Fair, green-brown patina, roughness and shallow areas of corrosion. Very rare.

From the R. D. Frederick Collection.