Watch List notes:

Honorius. AD 393-423. AV Solidus (20.5mm, 4.44 g, 6h). Constantinople mint, 9th officina. Struck AD 397-402. Pearl-diademed, helmeted, and cuirassed bust facing slightly right, holding spear over shoulder and shield / Constantinopolis enthroned facing, head right, foot on prow, holding scepter and Victory on globe; Θ//CONOB. RIC X 8; Depeyrot 55/2. In NGC encapsulation 2490351-005, graded MS, Strike: 5/5, Surface: 4/5.

Ex Stack's Bowers Galleries (14 May 2018), lot 70118.