Licinius I (AD 308–324).
Follis (AE, 19 mm, 2.98 g), Aquileia mint, AD 320.
IMP LICINIVS AVG Head of Licinius I, helmeted, cuirassed, right, seen from front / VIRTVS EXERCIT Two captives seated at base of standard inscribed VOT / XX; S in left field, F in right field; AQS in exergue.
RIC 51.
Dark toning. Extremely fine.