Watch List notes:

Gratian. AD 367-383. AV Solidus (21mm, 4.45 g, 6h). Treveri (Trier) mint, 3rd officina. Struck mid AD 373-April 375. Rosette-diademed, draped, and cuirassed bust right / Valentinian I and Gratian enthroned facing, each with right hand on a globe between them; above, Victory facing with wings spread; palm frond between; TROBT. RIC IX 39c.3; Depeyrot 43/4; Biaggi –. Lustrous, a few scratches and a minor flan flaw on obverse. EF.

Ex John L. Cowan Collection (Classical Numismatic Group 114, 13 May 2020), lot 1021, purchased from Antiqua.