Watch List notes:

PHOENICIA. Arados. Circa 138/7-44/3 BC. Tetradrachm (Silver, 26 mm, 15.30 g, 12 h), CY 198 = 62/0 BC. Turreted, veiled and draped bust of city-goddess to right. Rev. APAΔIΩN Nike advancing left, holding wreath and palm frond; to left, HϘP above phoenician letter Λ above ΑΝ; all within wreath. Duyrat 4112-32. SNG Copenhagen 56. HGC 10, 72; DCA 772. Very fine.
Ex. Coin Galleries MBS (13.11.1991) lot 138.