Watch List notes:

Theodosius I. AD 379-395. AV Solidus (20.5mm, 4.51 g, 6h). Mediolanum (Milan) mint. Struck January AD 389-April 391. Pearl-diademed, draped, and cuirassed bust right / Theodosius I and Valentinian II enthroned facing, each with right hand on a globe between them and left hand holding volumen; above, Victory facing with wings spread; palm between; M|D//COM. RIC IX 8b.2 and 20b; Toffanin 455; Depeyrot 9/2. Lustrous, light marks, thin die break on reverse. Near EF.

From the Conti Collection.