Watch List notes:

Theodore Comnenus-Ducas, as emperor of Thessalonica, 1225/7-1230. Aspron Trachy (Silver, 32 mm, 3.54 g, 6 h), Thessalonica, circa 1225-1226. Virgin Mary, nimbate, seated facing on square-backed throne, holding medallion of infant Christ with both hands; in upper left and right fields, MP-ΘV; to left and right, on the back rest of the throne, stars. Rev. [ΘЄΟΔⲰ]POC [Δ૪KAC] Theodore, on the left, standing facing, wearing crown with pendilia and loros, holding sheathed sword in his right hand and akakia in his left; and Christ, on the right, standing facing, nimbate, blessing the emperor with his right hand and holding book of Gospels in his left; above, IC-XC. DOC 3c var. (no sigla). Lianta, 323 var. (differing sigla). LHS Numismatik 97 (2006), 162 var. (no sigla). SB 2160. Very rare, and apparently unpublished with these sigla. Minor deposits and some areas of weakness, otherwise, very fine.