Watch List notes:

Moesia, Istros AR Drachm. 4th century BC. Two young male heads facing, side by side, one upright, the other inverted / Sea-eagle to left, clutching dolphin in its talons; IΣTPIH above, Δ between, monogram below. Dima Group IV, Subgroup I 6; AMNG I 432; SNG BM Black Sea 243. 5.76g, 18mm.

Extremely Fine; highly lustrous metal with a deep iridescent tone.

From the inventory of Fortuna Fine Arts, Ltd. (New York);
Ex private German collection;
Ex Gerhard Hirsch Nachfolger, Auction 275, 22 September 2011, lot 3360;
Ex Gerhard Hirsch Nachfolger, Auction 122, 22 September 1980, lot 2744.