Manuel Comnenus-Ducas of Thessalonica, 1230-1237 AD. Billon Trachy. 
Thessalonica. 1.91 gr

Bust of St. Theodore facing, bearded and nimbate, wearing chiton.
MANVHL DECP OGLIOC, Manuel, half-length facing figure, wearing 
loros over divitision, right hand on breast, facing, and St. 
Demetrius, nimbate, half-length facing figure, wearing 
breastplate and sagion. Cloud with star in upper center, from 
which extends the hand of God crowning the emperor. 

DOC 8; Sear 2182. 
Ex Baldwin sale 5, 1992, lot 39.

Courtesy of Stack's, The Golden Horn Collection, Jan. 2009.