Watch List notes:

IONIA. Ephesos. Circa 420-400 BC. Didrachm (Silver, 18 mm, 7.48 g). Ε-Φ Bee with curved wings. Rev. Quadripartite incuse square. SNG Copenhagen 206. SNG Kayhan 141-2. SNG von Aulock 7817. Lightly toned. Struck slightly off-center, otherwise, very fine.