Watch List notes:

MOESIA INFERIOR, Marcianopolis. Caracalla. AD 198-217. Æ Tetrassarion (26mm, 9.50 g, 1h). Flavius Ulpianus, legatus Augusti pro praetore. Struck AD 210-11. Laureate, draped, and cuirassed bust right, seen from behind / Eagle standing facing, head right, with wings displayed, wreath in beak. H&J, Marcianopolis 6.18.1.18; AMNG 626; Varbanov 945. Brown patina. Near VF.

From the Dr. Michael Slavin Collection.