Licinius II, AE follis, Alexandria. 316-317 AD.

VAL CONSTANTINVS LICINIVS N CAES, laureate head right.
IOVI CONSER-VATORI CAESS, Jupiter standing left, 
chlamys across left shoulder, holding Victory on globe 
and leaning on sceptre, eagle with wreath left.
Left field: K
Right field: wreath over X over B.
Mintmark ALE.

RIC VII Alexandria 21
Rated R5, of the highest rarity.

Contributed by Andreas, ABL, Oct. 2012.