Watch List notes:

Licinius I BI Nummus. Alexandria, AD 321-324. IMP C VAL LICIN LICINIVS P F AVG, radiate, draped and cuirassed bust to right / IOVI CONSERVATORI, Jupiter standing to left, holding Victory on globe and leaning on eagle-tipped sceptre, eagle with wreath in beak at feet to left, captive seated to right; XIIΓ in right field, SMALB in exergue. RIC VII 28. 3.20g, 19mm, 12h.

Near Extremely Fine.

Purchased from Classical Numismatic Group Inc., January 2011.