Watch List notes:

THESSALY, Pharsalos. Mid-late 5th century BC. AR Hemidrachm (13mm, 2.81 g, 4h). Helmeted head of Athena right / Φ [A] P Σ around from upper left (PΣ retrograde), head of horse right within incuse square. Lavva 69 (V35/R36); BCD Thessaly II 646; HGC 4, 632. VF, lightly toned, compact flan, some porosity, a couple countermarks on obverse.

From the BCD Collection.