Watch List notes:

CARIA, Heraclaea Salbace. Pseudo-autonomous issue. Late 2nd to early 3rd century AD. Æ (21mm, 4.70 g, 6h). Laureate bust of Demos ("the populace") right, slight drapery / River-god Timeles reclining left on overturned urn, holding reed and cornucopia; ΤΙΜЄΛΗ/C in exergue. Imhoof-Blumer, Karische –; Head, HN p. 619; SNG Copenhagen –; SNG München –; SNG Tübingen –; SNG von Aulock –; BMC –; SINCONA 6 (2012), lot 127 = SINCONA 10 (2013), lot 151 = SINCONA 17 (2014), lot 58 (same reverse die). VF, brown surfaces, a bit of porosity. Rare.

From the estate of Thomas Bentley Cederlind.