SEPTIMIUS SEVERUS.
  193-211 AD. AR Denarius
  (3.49 gm). Laodicea mint.
  Struck 197 AD. L SEPT
  SEV PE-RT AVG IMP VIII,
  laureate head right /
  VICT-O-R AVG, Victory
  walking left, holding wreath
  in right hand. RIC IV -;
  BMCRE -; RSC -;
  Bickford-Smith, "The
  Imperial Mints in the East
  for Septimius Severus: It is
  time to begin a thorough
  reconsideration," in RIN
  1994/1995, 33 (this coin).
  Toned, good VF. Rare
  reverse type with Victory
  not holding a palm also.
  ($125) SOLD Ex Roger
  Bickford-Smith Collection
  (CNG Auction 47), lot
  1727; G.R. Arnold
  Collection (Glendining's,
  21 November 1984), lot 39. 

From bpmurphy.com, November, 2002, by permission of Barry Murphy.