Watch List notes:

Licinius I BI Nummus. Antioch, AD 315-316. IMP LIC LICINIVS P F AVG, laureate, draped and cuirassed bust to right / IOVI CONSERVATORI AVGG NN, Jupiter standing to left, holding Victory on globe and leaning on sceptre, eagle with wreath in beak at feet to left; Δ in right field, ANT in exergue. RIC VII 17. 3.09g, 24mm, 6h.

Near Very Fine. Very Rare with this officina, rated R4 by RIC.

From a private European collection.