Watch List notes:

John Comnenus-Ducas. As emperor of Thessalonica, 1237-1242. BI Trachy (16.5mm, 0.96 g, 12h). Thessalonica mint. Large B / Crowned half-length facing figure of John, wearing loros, holding standard decorated with two crosses-within-circles in right hand and [long cross] in left. DOC (31b); CLBC 14.22.3; SB –. Dark green-brown patina, a few minor scratches. VF. Very rare.

From the Gasvoda Collection. Ex Numismatik Naumann 75 (3 March 2019), lot 842 (erroneously as an SB 2217).