John III Ducas (Vatatzes), emperor of Nicaea, 1222-1254. Hyperpyron (Gold, 25 mm, 4.50 g, 5 h), Magnesia. Christ enthroned facing, nimbate, wearing tunic and colobion, raising his right hand in benediction and holding Book of Gospels in his left; in fields, IC - XC. Rev. John III on left wearing divitision and loros, holding anexikakia in his left hand and labarum with his right, crowned by the Virgin on right; to left, Ιω / ΔЄC/ΠΟ/ΤΗ; above and in right field, MΠ - ΘV. SB 2073. In exceptional condition for the issue. Good extremely fine.