Watch List notes:

Honorius. AD 393-423. AV Solidus (19.5mm, 4.08 g, 12h). Mediolanum (Milan) mint. Struck circa AD 397-402. Pearl-diademed, draped, and cuirassed bust right / Honorius standing right, holding labarum and Victory on globe, foot on captive; M|D//COMOB. RIC IX 35c = RIC X 1206; Toffanin 486/2; Depeyrot 16/2. In NGC encapsulation 4094686-001, graded XF, Strike 5/5, Surface 2/5, clipped.

Ex Heritage 231742 (19 October 2017), lot 63123.