Watch List notes:

Phoenicia, Arados. Uncertain king. Silver Stater (10.33 g), ca. 380-351/0 BC. Laureate head of Ba'al-Arwad right. Reverse: 'MA' above, Phoenician pentekonter right over three waves; all in pelleted square border within shallow incuse square. Betlyon 10; HGC 10, 29 corr. Nicely toned. Choice Very Fine. Estimate Value $400 - 500
The Hanbery Collection; Purchased privately from F. Kovacs in 1986.