Watch List notes:

John III Ducas (Vatatzes). Emperor of Nicaea, 1222-1254. AV Hyperpyron (28mm, 4.23 g, 6h). Magnesia mint. Struck circa 1232-1254. Christ Pantokrator enthroned facing / John standing facing, holding labarum and akakia in left, being crowned by the Theotokos. DOC 5; SB 2073. Flan slightly crimped, scratches/graffiti. VF.

Ex Classical Numismatic Group Electronic Auction 388 (14 December 2016), lot 590.