Watch List notes:

Licinius I BI Nummus. Heraclea, AD 318-320. IMP LICINIVS AVG, laureate and draped bust to right, holding sceptre and mappa / PROVIDENTIAE AVGG, camp gate with no doors and three turrets; Λ in right field, SMHA in exergue. RIC VII 48. 3.23g, 19mm, 12h.

Near Mint State; almost complete silvering remains.

From the collection of a Romanophile;
Acquired from Dix Noonan Webb Ltd, 9 April 2008.