The Empire of Thessalonica, Aspron Trachy, 3.49 g), Thessalonica, 1255-1256 AD.
 

The Virgin, nimbate, seated facing on throne, holding 
head of Christ on breast. 
Standing facing figures of Theodore, on left holding sheathed 
sword, and Christ, on right between , raising right hand to 
crown the emperor. 
DOC 3c (this coin). S. 2160. 

Very rare. Nicely toned. Good very fine.
Courtesy of LHS Numismatik AG, May 2006. Sold for 4,000 Swiss Francs. 

sb2160