Watch List notes:

KINGS of MACEDON. Pausanias. Circa 394/3 BC. Fourrée Tetradrachm (20mm, 7.32 g, 1h). Aigai or Pella mint. Head of Apollo right, with short hair, wearing tainia / Horse standing right within linear square within shallow incuse square. Westermark, Remarks pl. LXIX, 25; HGC 3, 822. Toned, plating broken in areas. VF.

As noted by Westermark (p. 306), the majority of Pausanias' staters are plated, reflecting a possible shortage of silver during his reign.