Watch List notes:

Licinius II as Caesar, 317-324. Follis (Bronze, 17.53 mm, 3.08 g). Alexandria, 1st officina, 321-324. D N VAL LICIN LICINIVS NOB C helmeted cuirassed bust left, holding spear and shield. Rev. IOVI CONSERVATORI Jupiter standing left, holding Victory on globe and sceptre, eagle at foot left, captive to right, X over IIμ (= 12.5 denarii) in right field; SMALA in exergue. RIC VII, 30 (Alexandria). Cohen VII, 216, 21. Deposits. Very Fine.

Ex Jacquier Auction 44, 13 September 2018, Lot 405.