Here is a rare type that was offered in a lot of otherwise unremarkable bronze coins. This coin was listed in RIC VII as Heraclea 50 by Bruun, but the mintmark is actually SMAT instead of SMHT. This error was addressed by Pierre Bastien in his article “Coins with a Double Effigy Issued by Licinius at Nicomedia, Cyzicus, and Antioch.†NC 13 (1973) : 87.
It is an interesting coin that shows Licinius making a renewed effort to cling to the old Tetrarchic system of belonging to the family of either Hercules or Jupiter...in the case of Licinius, Jupiter. Conversely, Constantine was moving away from the old gods and Sol had begun to disappear from his coinage. The new reverse introduced in Constantinian mints in 318- 319 was the VLPP, with victories on the reverse.
Licinius I & Licinius II
circa A.D. 318
21mm 4.5gm
DD NN IOVII LICINII INVICT AVG ET CAES; laureate and draped confronted busts, together holding trophy of arms.
I O M ET VIRTVTI DD NN AVG ET CAES; Jupiter stg. Left, chlamys across l. shoulder, leaning on scepter, in front of trophy, at foot of which two captives are seated on either side.
In ex. SMAT[A]
RIC VII Antioch --