Watch List notes:

LICINIUS I. Follis. (Ae. 4.76g/22mm). 313 AD Rome. (RIC 349c). Obv: Laureate and armored bust of Licinius I right, legend around: IMP LICINIVS PF AVG. Rev: Three banners above each one, hand, eagle and laurel wreath, below RO, around legend: SPQR OPTIMO PRINCIPI. Very Fine.