Watch List notes:

SKYTHIA, Olbia. Circa 310-280 BC. Æ (21.5mm, 9.49 g, 12h). Horned head of Borysthenes left / Axe and bow in bowcase; [letter(s) or monogram to left]. Cf. Anokhin 295–386; cf. SNG BM Black Sea 451–517. Good VF, dark brown surfaces, off center.

From the Macy Collection. Ex David Wray Collection (Classical Numismatic Group Electronic Auction 389, 18 January 2017), lot 55.