Theodore Comnenus-Ducas, Empire of Thessalonica. 1224-1230 AD, Half Tetarteron. 

AGHOC DHMHTR in several lines to left and right of St. 
Demetrius, half-length figure, standing, holding spear 
over shoulder, resting left hand on shield.
QEODWROC KOMNHNOC, Theodore standing, holding sceptre and 
globe. 

SB 2172; DOC 14.
Scarce

Courtesy of Aegean Coins on vcoins.com, April 2012.