Watch List notes:

John III Ducas (Vatatzes). Emperor of Nicaea, 1222-1254. AV Hyperpyron (26mm, 4.47 g, 6h). Magnesia mint. Struck circa 1232-1254. Christ Pantokrator enthroned facing; no sigla / John standing facing, holding labarum and akakia, being crowned by the Theotokos. DOC 4a; SB 2073. "X" graffito in obverse field. Good VF.