Watch List notes:

Septimius Severus Æ 18mm of Nicopolis ad Istrum, Moesia Inferior. AD 193-211. AY KAI CЄΠ C CЄVHPOC, laureate head to right / NIKOΠOΛITΩN ΠPOC IC, Priapus standing to left, raising dress and pointing at phallus. Varbanov 2530. 2.50g, 18mm, 7h.

Very Fine. Scarce.

From the collection of a Romanophile;
Ex Roma Numismatics Ltd., E-Sale 22, 28 November 2015, lot 371.