Watch List notes:

THESSALY, Pherai. Circa 460-440 BC. AR Drachm (20mm, 5.88 g, 10h). The hero Thessalos right, holding band around the head of bull right / ΦE above, bridled horse cantering right; to left, lion's head fountain right, from which water pours forth; all within incuse square. BCD Thessaly II 682 var. (ethnic); HGC 4, 545; CNG 84, lot 353 (same dies). VF, toned.

From the BCD Collection, purchased from Harlan J. Berk, July 1976, for $760.