Massive numbers of these fakes are coming out of 
Eastern Europe, often sold by unscrupulous sellers
in Germany. Please see Forum's Fake Gallery and
forgerynetwork.com for the names of sellers.

The coin is a forgery. It is an altered version of
Schulz 169 as follows:

AVT K A ANTWNHNOC, laureate, draped bust right.
NEWKORWN KE EFECIEWN, two temples on steps with a figure
of Artemis in each. OMONOIA in exergue.

The reasons that this is a forgery:

1) The name of Caracalla is incorrect (ANTWNHINOC 
instead of ANTWNEINOC or ANTWNINOC. Also the title of 
AVT K A (oder R) M is incorrect for Caracalla - it 
should be AVT K M ANTWNEINOC, or AVT K M AVR ANTWNEINOC or AVT K M A .... or ANTWNINOC, without an E but NEVER with 
an "H".  
2) The word OMONOIA in the exergue of the reverse means 
"Harmony" (between two towns) and - on genuine coins - 
ALWAYS shows the name of both towns, or the 
personifications of both towns. On this object we have 
the temples of Ephesos (and the city name EFECIWN) and 
of Magnesia. But the name MAGNHTWN has been changed (on 
the left) to NEWKORWN. 
It would be absolutely unthinkable and a terrible insult 
to strike a Homonoia coin and ignore the name of the 
second town. 
But it is clear that these two temples are those of 
Artemis Ephesia (Ephesos, Ionia) and of Artemis Leukophrene 
(Magnesia). So the word NEWKORWN is absolutely incorrect.
3) The face on the obverse is very poorly made, and the 
boxer's nose looks nothing like Caracalla. 
 
_magnesia_Schultz_169_FAKE