Watch List notes:

Moesia, Istros Æ20. Circa 250-220 BC. Laureate head of Apollo right / Sea-eagle to left, clutching dolphin in its talons; IΣTPI above. Cf. SNG BM Black Sea 259; AMNG I, 476; HGC 3.2, 1814. 4.55g, 20mm, 12h.

Very Fine; traces of old corrosion in spots. Extremely Rare.

From the William Stancomb Collection;
Ex J. P. Righetti Collection Part V, Münzen & Medaillen Deutschland GmbH, Auction 16, 19 May 2005, lot 93.