Licinius I Follis of Nicomedia. AD 313-317. 21 mm, 4.05 g

IMP C VAL LICIN LICINIVS PF AVG, laureate head right.
IOVI CONS-ERVATORI, Jupiter standing left, chlamys hanging from 
left shoulder, holding Victory on globe and sceptre, eagle at foot 
left with wreath in beak. 

N over B in right field. 

Mintmark SMN. 

RIC VII Nicomedia 15; Sear 15216.

Rated R2.

With permission of Savoca Numismatik GmbH auction 93 Silver, Lot 563, Jan 2021.