Watch List notes:

PHOENICIA, Arados. Circa 172/1-111/0 BC. AR Drachm (18mm, 4.07 g, 12h). Dated CY 90 (170/69 BC). Bee; koppa (date) to upper left, RE to upper right / Stag standing right; palm tree in background. Duyrat 2654–76; HGC 10, 63; DCA 774. Good VF, slightly off center on obverse.

Ex Demetrios Armounta Collection (Classical Numismatic Group Electronic Auction 304, 12 June 2013), lot 167; Ponterio 130 (30 April 2004), lot 1369.