Watch List notes:

Troas, Kebren. Silver Drachm (3.64 g), 5th century BC. Archaic female bust left. Reverse: Head of ram left within incuse square. SNG Ashmolean -; SNG von Aulock 1545. Very Rare. Fine archaic style. Toned. Very Fine. Estimate Value $400 - 500
The Hanbery Collection; Purchased privately from F. Kovacs in the 1980s.