Watch List notes:

ARKADIA, Arkadian League. Circa 470-465 BC. AR Hemidrachm (12.5mm, 2.92 g, 11h). Kleitor mint. Zeus Lykaios seated left, holding scepter and thunderbolt; eagle flying left from his arm, AЯ to right / Head of Kallisto right, wearing tainia, within incuse square. Williams, Confederate, Period I, Section 3, 30 (O24/R18); BCD Peloponnesos 1396 (same dies); HGC 5, 852 (same dies as illustration). VF, old cabinet tone, light porosity, usual die break on reverse.

From the BCD Collection. Ex Coin Galleries (13 November 1991), lot 279.