Licinius I, AE follis, Alexandria, AD 314. 

IMP C VAL LICIN LICINIVS PF AVG, laureate head right.
IOVI CONSER-VATORI AVGG, Jupiter standing left, chlamys across 
left shoulder, holding Victory on globe and sceptre; eagle 
with wreath at foot left.
Wreath over Epsilon over N in right field.
Mintmark ALE.

RIC VII Alexandria 10.
Rated R2.

With permission of Numismatik Lanz, auction 97.