Watch List notes:

KOLCHIS, Uncertain. 1st century BC. AV Stater (20mm, 3.46 g, 9h). Imitating Byzantion mint issue of Lysimachos of Thrace. Stylized head of the deified Alexander right; pellet above forehead, Θ below nose / Stylized Athena Nikephoros seated left; transverse spear in background, N to inner left, trident left in exergue; legend at sides degraded to hash marks. Arslan, Statere, Group I, unlisted variety; K. Golenko, "Kolchis" in Chiron 2 (1972), pp. 570–2; cf. Sergeev 593–4; cf. Marinescu pl. 67, 10; HGC 7, 218. Good VF, a couple edge splits, light marks, small punch in right field on obverse. Very rare.