Watch List notes:

MACEDON, Pella. Severus Alexander. AD 222-235. Æ (26mm, 10.31 g, 6h). Laureate, draped, and cuirassed bust right / Pan seated right on rocks, holding pedum and resting arm on head; syrinx to right. Mouchmov 6481 var. (Pan seated left); Varbanov 3737 var. (same). Near VF, green surfaces, a few light cleaning marks and trace of smoothing in fields.

From the Belgica Collection. Ex Classical Numismatic Group Electronic Auction 161 (28 March 2007), lot 156 (where it hammered $210 on a $75 estimate).