Watch List notes:

Ionia, Phokaia, electrum hekte, 6th century BC, goat kneeling left; above, small seal, rev., incuse square, 2.59g, extremely fine, very rare. References: Bodenstedt 19, b/α, these dies; Boston 1903, same reverse die. Provenance: Geissener Münzhandlung 38, Munich, 1987, lot 180; Gerhard Hirsch 275, Munich, 22 September 2011, lot 3821. Note: Bodenstedt noted only three examples of this type from two pairs of dies – all in public collections (The Hague, Boston and London). The present coin, more finely preserved than these three, is from a die combination not known to him. He placed the issue within the earliest emissions of Phokaia dating to the period 600-522 BC. (3000 - 4000 GBP)