Watch List notes:

IONIA, Magnesia ad Maeandrum. Circa 225-200 BC. AR Drachm (18.5mm, 3.93 g, 11h). In the name and types of Alexander III of Macedon. Head of Herakles right, wearing lion skin / Zeus Aëtophoros seated left; two monograms in left field, maeander pattern in exergue. Cf. Price 2046 (tetradrachm). VF, toned. Extremely rare, unpublished as a drachm.