Watch List notes:

Arkadia, Pheneos AR Obol. Circa 370-340 BC. Bust of youthful Hermes to right, his cloak tied around his neck and with his petasos hanging behind, suspended by a cord / ΦΕ, ram standing to right; above, kerykeion to right. BCD 1608; BMC 5; Traité II, 3, 891; Weber 4317. 0.85g, 13mm, 3h.

Extremely Fine. Very Rare.

Ex Roma Numismatics E-Sale 8, 31 May 2014, lot 110.