Watch List notes:

THESSALY, Pharkadon. Late 5th-early 4th centuries BC. AR Obol (11mm, 0.76 g, 6h). Horse trotting right / Φ A P KAΔO NION around from upper left, Athena standing left, holding spear; to right, shield resting upon olive tree; all within incuse square. BCD Thessaly II 619.1 (same rev. die); HGC 4, 298. VF, toned.

From the BCD Collection.