Michael VIII Palaeologus, as Emperor of Nicaea, 1258-1261. Trachy (Silver, 26 mm, 2.08 g, 6 h), Magnesia, 1259-1260. The Virgin, nimbate, seated facing on throne decorated with B - B, wearing pallium and maphorium, holding with her both hands medallion of infant Christ, nimbate; in fields, MHP - ΘV; . Rev. X/M [ΔЄCΠOTHIC]- X/M Michael VIII standing facing, wearing crown with pendilia and loros, holding anexikakia in his right hand, clasped by Archangel Michael, beardless, nimbate and in military attire. DOC pl. 2, 27. Lianta 479. SB 2246. Very rare and in exceptional condition for the issue. Some doubling and with light cleaning scratches, otherwise, extremely fine.