Licinius I AE follis, Cyzicus mint. Struck 313-315 AD. 22mm, 3.38 g.

IMP C VAL LICIN LICINIVS PF AVG, Laureate head right.
IOVI CONS-ERVATORI, Jupiter standing left, chlamys over left shoulder, holding Victory and sceptre; eagle at foot left.

S in right field.
Mintmark SMK. 

RIC VII Cyzicus 4; Sear 15218.

With permission of cngcoins.com, auction 83, Lot: 273. Sold for $51.