Watch List notes:

Asia Minor, uncertain mint. 1/48 of stater of Milesian standard 6th century BC, EL 0.28 g. Head of horse l. Rev. Incuse square with raised surfaces in form of a cross. Rosen 295. Weidauer –, cf. 142 (hemihecte).
Very rare. Struck on a narrow flan, otherwise about extremely fine

Ex M&M Fixed Price List 263, 1966, 16.