  We have obtained phase-resolved optical spectroscopy of the old nova, and
asynchronous polar V1500 Cyg. These new data reveal discrete cyclotron humps
from two different strength magnetic fields. One region has B = 72 MG, while
the other has B ~ 105 MG. With the detection of these features, we revisit the
optical/near-IR light curves presented in Harrison & Campbell (2016), and find
that the large photometric excesses observed in those data are fully
reconcilable with cyclotron emission. These results, when combined with the
X-ray observations that appeared to have maxima that repeated on the orbital
period, imply that V1500 Cyg has reverted back to a synchronous polar. Using
existing theory, we show that the strong field strengths found here can explain
the rapid spin down time.
