Caracalla, AE18 of Nikopolis ad Istrum.

AV K M AVRHLI ANTWNINOC, laureate head right.
NIKOPOLITWN PROC I, Telesphorus standing facing, wearing
hooded cloak.

Varbanov 2992 (this coin cited).

With kind permission of CGB France, Sale IX (2001), lot 295.
Image recovered and restored, Sept. 2011.