Watch List notes:

Licinius II. Caesar, AD 317-324. Æ Follis (20mm, 3.02 g, 12h). Alexandria mint, 1st officina. Struck AD 321-324. D N VAL LICIN LICINIVS NOB C, helmeted and cuirassed bust left, holding spear over shoulder in right hand, shield on left arm / IOVI CONS ERVATORI, Jupiter standing left, holding Victory on globe in right hand and eagle-tipped scepter in left; to left, eagle standing left, head right, holding wreath in beak; to right, bound captive seated right, head left; –/(X/IIΓ)//SMALA. RIC VII 30. EF, warm brown surfaces. Exceptional.