Nummus - Licinius II IOVI CONSERVATORI, Nicomedia

Licinius II was elevated to Caesar in 317 as part of the peace settlement between his father Licinius I and Constantine I — a political arrangement that lasted less than a decade before Constantine moved to eliminate his co-emperor entirely. The Nicomedia mint, sitting in Licinius's eastern territory, struck heavily for the junior Caesar during these years of uneasy coexistence.

After Constantine's final defeat of Licinius I at the Battle of Chrysopolis in 324, Licinius II was initially spared, then executed the following year. Coins bearing his name were subsequently subject to damnatio memoriae.