Watch List notes:

Italy. Southern Lucania, Heraclea. AR Drachm, early Pyrrhic Period, c. 281-278 BC. Obv. Head of Athena, three-quarter facing right, wearing Attic Helmet decorated with Scilla; between crest and neck, monogram. Rev. ⱵHEPAKΛEIΩN. Owl, wings closed, standing right on olive-branch; at right, ΦIΛΩ. HN Italy 1416. Van Keuren 119. AR. g. 3.46 mm. 16.50 R. Rare. A pleasant example, prettily toned.