Theodore Comnenus-Ducas, as emperor of Thessalonica, 1225/7-1230. Trachy (Electrum, 32 mm, 3.39 g, 6 h), Thessalonica, circa 1224-1225. Christ, nimbate, seated facing on backless throne, raising his right hand in benediction and holding book of Gospels in his left hand; in fields to left and right, IC - XC above IC - AK. Rev. ΘΕOΔⲰΡΟC ΔVΚΑ Ο ΑΓΗΟC ΔΗΜΗΤΡ Theodore standing facing on the left, wearing stemma, divitision and loros, and St. Demetrius, beardless and nimbate, standing facing on the right in military attire, holding sword over his left shoulder; both holding between them a long staff surmounted with a cross in circle above a triangular decoration on the shaft. DOC 1a. LBC 320. SB 2158. Extremely rare. A sharply struck and nicely toned example. Somewhat double struck as usual, otherwise, good extremely fine.