Watch List notes:

Licinius I BI Nummus. Ticinum, AD 312-313. IMP LICINIVS P F AVG, laureate head to right / MARTI CONSERVATORI, Mars standing facing, head to right, leaning on spear and placing hand on shield; TT in exergue. RIC VI 123b. 3.33g, 20mm, 6h.

Good Extremely Fine; well-centred. Extremely Rare; only one specimen cited by OCRE and a further two found on CoinArchives.

From the collection of a Romanophile.