Watch List notes:

IONIA. Phokaia. Circa 478-387 BC. Hekte (Electrum, 10 mm, 2.51 g). Head of a youthful Satyr to left, with an animal ear and wearing an ivy wreath with berries. Rev. Quadripartite incuse square in windmill form. Bodenstedt 87. SNG von Aulock 7951. Very rare with the windmill incuse. An attractive example of excellent style. Very fine.