Licinius II, AE follis, 18-19 mm. Ticinum, 319-320.

LICINIVS IVN NOB C, laureate, draped bust left 
holding Victory and mappa.
VIRTVS EXERCIT, standard inscribed VOT XX in two 
lines with a seated captive to left and right of the 
base, Chi-Rho in left field.
Mintmark PT.

RIC VII Ticinum 119; Sear 15472 
Very rare (R4).

Contributed by Grzegorz Chladek, Oct. 2013.