Licinius I, AE muled follis of Arles with reverse of Constantine I.

IMP LICI-NIVS AVG, laureate, cuirassed bust right.
VICTORIAE LAETAE PRINC PERP, two Victories standing facing one another holding shield inscribed VOT PR on a plain 
altar (type 1b). 
Mintmark PARL.
RIC VII Arles 70 and 82 var (mintmark). Using a reverse 
of RIC VII Arles 190-192 (Constantine I).
Unpublished mule. R5

Contributed by lucernae, his sale on vcoins, item 3359,
May 2015.