Watch List notes:

MACEDON, Sermyle. Circa 525-500 BC. AR Eighth Stater – Hemidrachm (13mm, 1.77 g). Thraco-Macedonian standard. Forepart of bridled horse right / Quadripartite incuse square. Psoma fig. 8; HGC 3, –; SNG Ashmolean 2400 (uncertain Macedonian mint). Good VF, toned, slight roughness. Very rare.

Ex Roma E-Sale 21 (31 October 2015), lot 198.