Watch List notes:

Caracalla, as Caesar, Æ Sestertius. Rome, AD 196-197. M AVR ANTONINVS CAES, bare-headed, draped and cuirassed bust to right / SPEI PERPETVAE, Spes advancing to left, holding flower and raising skirt; S-C across fields. RIC IV 401; C. 595; BMCRE 613 (Wars of the Succession). 27.91g, 32mm, 6h.

Very Fine.