Watch List notes:

Skythia, Olbia Æ26. Circa 350-320 BC. Horned and bearded head of river god Borysthenes left / Axe and bow in gorytos; ΟΛΒΙΟ to right, Φ to left. SNG Stancomb 367 (this coin); Frolova & Abramzon 713 (same dies); SNG Russland, SHM Moskau 939-7; SNG BM Black Sea 469-70; HGC 3, 1887. 11.85g, 26mm, 6h.

Extremely Fine.

From the William Stancomb Collection; this coin published in Sylloge Nummorum Graecorum, Great Britain, Volume XI, The William Stancomb Collection of Coins of the Black Sea Region (Oxford, 2000);
Acquired from Spink & Son Ltd. for £100, 1984.