Licinius I, 308-324. Follis (Bronze, 10 mm, 3.69 g, 12 h), Rome, circa 320. IMP LI-CINIVS AVG Helmeted and cuirassed bust of Licinius I to right. Rev. VOT / XV / FEL / XX / R S in five lines within wreath. Failmezger, RBC pl. 22, 324 LI ( this coin ). RIC 215 var. (unlisted officina). Extremely rare, one of only two examples known from officina S. A few minor marks and scratches, otherwise, very fine.

From the collection of Dr. L. Ramskold and that of Victor Failmezger (1947-2021).