Watch List notes:

DYNASTS OF LYCIA. Kherei, circa 430-410 BC. Stater (Silver, 17 mm, 8.29 g, 8 h), c. 430-420. Two opposed roosters standing facing each other on dotted ground line; between them, monogram (M&Z 25); all on round shield. Rev. ↓↑Ρ/E Eagle with closed wings standing to left; to right, monogram (M&Z 25); all within border of dots in an incuse square. Apparently unpublished. Cf. Mørkholm & Zahle 18 (stater, but without monogram on the reverse), and 19-20 (quarter staters). Müseler -. Extremely rare. Nicely toned and most attractive. Obverse lightly struck and with a test cut at 12°, otherwise, extremely fine.