398, Lot: 589. Estimate $150. Sold for $525. This amount does not include the buyer’s fee.

Licinius I. AD 308-324. Æ Follis (20.5mm, 2.94 g, 6h). Rome mint, 2nd officina. Struck circa AD 312-313. IMP LICINIVS P F AVG, laureate and cuirassed bust right / LIB ER A TOR ORBIS, Licinius I on horseback right, hunting lion right, which he has just struck with his spear; R*S. RIC VIII –; cf. Failmezger 234 (for Constantine I, unlisted for Licinius). VF, brown and green patina. Unpublished. Extremely rare.

The legends mean that the Emperor Licinius Augustus is the liberator of the world.