Watch List notes:

KINGS of MACEDON. Alexander III 'the Great'. 336-323 BC. AR Tetradrachm (27mm, 14.34 g, 1h). In the name and types of Philip II. Pella mint. Struck circa 336/5-329/8 BC. Laureate head of Zeus right / Nude youth, holding palm frond and reins, on horseback right; bee below. Le Rider 375 (D195/R300); SNG ANS –. VF, toned, test cut on reverse. Very rare issue with bee from the first coinage of Alexander at Pella.

From the estate of Thomas Bentley Cederlind. Ex Peus 396 (5 November 2008), lot 293.