Trajan, AE21 of Ephesus, Ionia, AD 98-117. 21mm, 5.27 g.

AYTO NERBAC TRAIANOC KAICAR, laureate head right.
EFE-CIWN in two lines above stag standing left,

SNG Cop 385-386, BMC 222, Lindgren III 351; RPC III 2051; Karwiese, Die Münzprägung von Ephesos, V, 144 (this coin cited).

Ex J. P. Righetti Collection (Triton XIV, lot 1708 (part), Jan. 2011); J. P. Righetti Collection sale (Münzen und Medaillen (DE) auction 15, lot 578, Oct. 2004.

With permission of cngcoins.com, auction 464, lot 484, March 2020.