Watch List notes:

PHOENICIA, Arados. Circa 246/5-168/7 BC. AR Tetradrachm (27mm, 16.90 g, 12h). In the name and types of Alexander III of Macedon. Dated CY 44 (216/5 BC). Head of Herakles right, wearing lion skin / Zeus Aëtophoros seated left; palm tree in left field, AP monogram below throne, 44 (date, in Phoenician) and ŠT (in Aramaic) in exergue. Duyrat 1243 (D23/R77); Price 3384; DCA 771. VF, deeply toned. Rare, only 11 examples noted by Duyrat (including the five in Pella), four in CoinArchives.

From the Colin E. Pitchfork Collection. Ex Spink America (6 December 1999), lot 518.