Watch List notes:

PAPHLAGONIA, Sinope. Circa 230-200 BC. AR Tetradrachm (27.5mm, 17.93 g, 12h). In the name and types of Alexander III of Macedon. Head of Herakles right, wearing lion skin / Zeus Aëtophoros seated left; in left field, E and akrostolion above ΣI; monogram below throne. Price 1254; Newell, Sinope –; HGC 7, 400. Good VF, toned, numerous cleaning scratches under tone. Very rare, one in Pella (cited by Price), seven in CoinArchives, one in ANS Photofile.

From the Colin E. Pitchfork Collection. Ex Gorny & Mosch 134 (18 October 2004), lot 1261.