Watch List notes:

ARKADIA, Arkadian League. Circa 175-168 BC. AR Triobol – Hemidrachm (14.5mm, 2.34 g, 3h). Megalopolis mint. Laureate head of Zeus left / Pan seated left on rock, raising hand and holding logobolon; above knee, eagle left; League monogram to left; to right, Δ above Λ. BCD Peloponnesos (Megalopolis) 1545; HGC 5, 932. VF, toned, slightly off center, minor porosity.

From the J. Cohen Collection. Ex Pecunem 34 (2 August 2015), lot 138.