RIC VII, TICINUM 123, LICINIUS I, MINTMARK VARIETY

OBVERSE	IMPLI-CINIVSAVG [IMP LICINIVS AVG]; bust r., helmeted, cuir.
REVERSE	VIRTVS-EXERCIT [VIRTVS EXERCIT]; standard with VOT/XX inscribed on drapery; captive on ground on either side. T∪T in exergue.
NOT IN RIC	MINTMARK VARIETY. Specimen similar to TICINUM 123, off. T except for crescent (expected for off. S) instead of dot.

NOTES

Weight 3.16 g; diameter 20 mm. From Pars Coins auction 26 (lot 357), May 2022 [Thanks to the collaboration of Laurent Diot].