Licinius I, 308-324. Follis (Bronze, 19 mm, 2.91 g, 6 h), Rome, circa 320. IMP LIC-INIVS AVG Helmeted and cuirassed bust of Licinius I to right. Rev. VIRTV-S AVGG / P - R / R P Campgate with open doors and four turrets. RIC -. Apparently unique. Minor areas of weakness, otherwise, very fine.


Coins for Licinius with this reverse are excessively rare: only three in total are known, this being the only one from officina P.