LICINIUS II CAESAR AE FOLLIS, ALEXANDRIA MINT
RIC VII 30, Choice Extremely Fine, 19.9mm, 2.68 grams, Struck Circa. 321 - 324 C.E.
Obverse: D N VAL LICIN LICINIVS NOB C around helmeted and cuirassed bust of Licinius to left, holding spear over shoulder in right hand, shield on left arm
Reverse: IOVI CONSERVATORI AVGG around Jupiter standing left, holding Victory on globe in right hand and eagle-tipped scepter in left, eagle standing left, head right and holding wreath in beak in left field; to right, bound captive seated to right, head left, X IIΓ above captive, SMALA in exergue.
A CHOICE example of this SCARCER & BETTER type!
We don't suggest this type can be worth this in a choice grade, but an auction lot here worth viewing.