Theodosius I. AE3 of Alexandria. 22mm, 5.5 gr. AD 383-388. 

Obv: DN THEODOSIVS PF AVG, helmeted, pearl-diademed,
draped and cuirassed bust right, holding spear with point
forwards, and shield.
Rev: GLORIA ROMANORVM, emperor standing facing on galley,
looking right, raising right hand; Victory sitting left
at the helm.
T in upper right field, wreath in left field.
Mintmark ALEA. 

RIC 15b-1. 
Note: For RIC 15b, the author wrote "as 5a" in error, citing
Cohen 19. The text should read "as 6a", as Cohen 19 is this
galley type and not the Victory advancing left type.

Extremely fine, attactive patina.
Estimate: 50 Euro.

With permission of Pecunem & Gitbud & Naumann - Auction 4, June 2012