Watch List notes:

PHOENICIA, Arados. Circa 138/7-44/3 BC. AR Tetradrachm (28mm, 15.15 g, 12h). Dated CY 161 (99/8 BC). Turreted, veiled, and draped bust of Tyche right / Nike standing left, holding aphlaston and palm; AΞP (date), Λ, and ΘC to left; all within wreath. Duyrat 3215-22; HGC 10, 72; DCA 772. Good VF, lightly toned, obverse die breaks.

Ex Demetrios Armounta Collection (Classical Numismatic Group Electronic Auction 318, 15 January 2014), lot 295; Classical Numismatic Group Electronic Auction 229 (10 March 2010), lot 227.