Watch List notes:

Licinius I BI Nummus. Arelate, AD 319. IMP LICINIVS AVG, laureate and cuirassed bust to right / IOV[I C]ONSERVATORI AVG, emperor, holding sceptre and thunderbolt, borne by eagle standing to right, head to left; SARL in exergue. RIC VII 196. 2.78g, 17mm, 6h.

Good Very Fine.