Watch List notes:

Commodus. AD 177-192. AR Denarius (16mm, 3.00 g, 12h). Rome mint. Struck AD 186. Laureate head right / [FI]D EXERC in exergue, Commodus, standing left on platform, holding scepter and raising hand, addressing three soldiers, each holding signum, the two in front also each holding shield. RIC III 130; MIR 18, 687-4/30; RSC 143. Lightly toned, traces of deposits. VF.

From the Conti Collection. Ex Classical Numismatic Group XXII (2 September 1992), lot 392.