Watch List notes:

Michael VIII Palaeologus. 1261-1282. AR Trachy (23mm, 2.67 g, 12h). Constantinople mint. St. Michael the Archangel standing facing, holding sword over right shoulder and shield or scabbard; M/I - X, each with macron above, flanking / Michael VIII standing facing, wearing loros, holding cross-tipped scepter and akakia. Cf. DOC 114-24 (for obverse type; Æ Trachea); cf. BTM C.23-4 (for obverse type) and C.25 (for reverse); cf. NumCirc XC.4 (May 1982), p. 121-4, fig. 5 (for obverse type); cf. SB 2283 and 2285 (for obverse and reverse type respectively; Æ Trachea). Toned, double struck, areas of weakness, minor edge split. Good VF. Apparently unique, the only example in CoinArchives.

From the Gasvoda Collection. Ex Triton XXIII (14 January 2020), lot 940; Savoca 24 (29 July 2018), lot 564; Triton XIII (5 January 2010), lot 459.