Watch List notes:

Skythia, Olbia AR Hemidrachm. Circa 315-310 BC. Aeginetic standard. Head of Demeter left, wearing grain wreath / Dolphin to left, OΛBIO below. Stancomb 365 (this coin); Karyshkovski Silver Group G; Frolova & Abramzon 694 (same dies); SNG BM Black Sea 551 (same rev. die); HGC 3.2, 1851 (Drachm in error). 2.89g, 15mm, 4h.

Good Very Fine. Exceedingly Rare; no other examples recorded at auction in over 20 years.

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., 1984.