Watch List notes:

KINGS OF MACEDON. Alexander III 'the Great', 336-323 BC. Drachm (Silver, 18 mm, 4.23 g, 1 h), Miletos, struck under Kalas or Demarchos, circa 325-323. Head of Herakles to right, wearing lion skin headdress. Rev. AΛEΞANΔPOY Zeus seated left on low throne, holding long scepter in his left hand and eagle standing right with closed wings in his right; to left, Hermes standing left, wearing petasos and holding kerykeion; below throne, monogram. Price 1503. Light doubling on the reverse, otherwise, very fine.