Watch List notes:

THESSALY, Pherai. Circa 460-440 BC. AR Drachm (18mm, 5.63 g, 5h). The hero Thessalos right, holding band around the head of bull right / ΦE R/A I around from upper left, bridled horse cantering right; to left, lion's head fountain right, from which water pours forth; all within incuse square. BCD Thessaly II 682 (same rev. die); HGC 4, 546. VF, toned, struck with worn dies.

From the BCD Collection, purchased from Athena GmbH (Munich), January 1999.