Watch List notes:

Septimius Severus (193-211). AR Denarius, 196-197. Obv. L SEPT SEV PERT AVG IMP VIII. Laureate head right. Rev. PM TR P V COS II PP. Pax seated left, holding branch and sceptre. RIC IV 490a. AR. 3.46 g. 19.00 mm. Superb style. Good VF.