Watch List notes:

CIMMERIAN BOSPOROS. Pantikapaion. Circa 380-370 BC. Obol (Silver, 10 mm, 0.81 g, 9 h). Head of bearded satyr to left. Rev. ΠANTI Forepart of lion to left; behind to right, crescent with points to left. Anokhin 998. HGC 7, 77. MacDonald 38. SNG BM Black Sea 854. Very rare. Of fine style and with an attractive grey patina as found. Unimportant edge knock on the reverse at 7, otherwise, about extremely fine.

From the Vineyard Collection, ex Spink 3014, 8 October 2003, 22.