Watch List notes:

Septimius Severus. AD 193-211. AR Denarius (17.5mm, 2.97 g, 12h). Rome mint. Struck under Septimius Severus and Caracalla, AD 207. Laureate head right / Africa, wearing elephant-skin headdress, standing right, holding out fold of drapery; to right, lion standing right. RIC IV 207; RSC 493. Toned, a couple minor deposits on obverse. Good VF.

From the MWF Collection. Ex Freeman & Sear MBS 3 (10 December 1996), lot 510.