Theodore Comnenus-Ducas. As emperor of Thessalonica, 1225/7-1230. AR Trachy (24.5mm, 1.79 g, 6h). Thessalonica mint. Christ Pantokrator enthroned facing / Theodore and St. Demetrius standing facing, holding staff with triangle and cross in circle between them. DOC 1a; SB 2158; CLBC 12.1.1 (R3). Flan crack and bend in edge, some deposits. VF. Very rare.
From the Gasvoda Collection. Ex Classical Numismatic Group 115 (16 September 2020), lot 786; Leu Web Auction 11 (22 February 2020), lot 2215, purchased from Helios Numismatik, 2012.