Watch List notes:

Licinius I BI Nummus. Nicomedia, AD 321-324. IMP C VAL LICIN LICINIVS P F AVG, radiate, draped and cuirassed bust to right / IOVI CONSERVATORI, Jupiter standing facing, head to left, holding Victory on globe and leaning on eagle-tipped sceptre, eagle with wreath in beak at feet to left, captive seated to right; X above IIΓ in right field, SMNΓ in exergue. RIC VII 44. 3.49g, 20mm, 6h.

Good Very Fine.

Ex Roma Numismatics Ltd., E-Sale 103, 24 November 2022, lot 1278;
Purchased from Classical Numismatic Group Inc., January 2011.