Watch List notes:

IONIA. Phokaia. Circa 478-387 BC. Hekte (Electrum, 10 mm, 2.52 g). Head of youthful Pan to left; behind, seal downward. Rev. Quadripartite incuse square. Bodenstedt 75. SNG Copenhagen -. SNG von Aulock -. Very rare, just two specimens cited by Bodenstedt. Very minor scratch on the obverse, otherwise, very fine.