Watch List notes:

THESSALY, Pharkadon. Circa 440-400 BC. AR Hemidrachm (16mm, 2.51 g, 8h). Thessalos, nude but for petasos and cloak tied at neck, holding band around head of forepart of bull right / Φ-Α-ΡΚΑ-ΔO (partially retrograde), forepart of horse right within incuse square. BCD Thessaly II 603 var. (arrangement of ethnic); HGC 4, 292. Near VF, toned, porosity.

From the BCD Collection. Ex Malter 57 (9 April 1994), lot 221.