Watch List notes:

Cimmerian Bosporos, Pantikapaion AR Hemidrachm. Circa 380-370 BC. Bearded head of satyr right / Head of roaring lion to right, tongue protruding; ΠΑΝΤΙ before. SNG BM Black Sea 858; MacDonald 35; HGC 7, 63. 1.68g, 15mm, 3h.

Very Fine; dark old cabinet tone. Very Rare.

From the William Stancomb Collection;
Ex Gorny & Mosch Giessener Münzhandlung, Auction 147, 7 March 2006, lot 1158.