Watch List notes:

Caracalla. AD 198-217. AR Denarius (19mm, 3.55 g, 12h). Rome mint. Struck AD 201. Laureate and draped beardless young bust right / PART MAX PONT TR P IIII, trophy; at base, bound captive seated at either side. RIC IV 54b; RSC 175; BMCRE 262-3 (Septimius and Caracalla). Choice EF, lustrous.

From the collection of the MoneyMuseum, Zürich. Ex Gorny & Mosch 186 (8 March 2010), lot 2159.