John III, Ducas-Vatatzes (1222-1254). Debased AV Hyperpyron, Empire of Nicaea, Magnesia mint, c. 1232-1254. Obv. Christ Pantokrator seated facing, right hand raised in benediction and holding Gospels in left. Rev. Emperor and the Virgin Mary standing facing; emperor holding labarum and akakia and Mary crowning him. D.O. 6; Sear 2073. 2.56 g. 26 mm. Good VF.
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