Watch List notes:

KINGS of MACEDON. Philip V. 221-179 BC. Æ (12.5mm, 1.28 g, 1h). Pella or Amphipolis mint. Struck circa 186-183/2 BC. Head of Pan right, drapery around neck; lagobolon over shoulder / Two goats recumbent right. Cf. Mamroth, Bronzemünzen 14 (larger denomination); cf. Touratsoglou, Macedonia 14 (same); HGC 3, 1089. VF, rough brown surfaces. Very rare.

From the Belgica Collection.