Watch List notes:

Skythia, Olbia Æ21. Circa 300-275 BC. Horned and bearded head of river god Borysthenes left / Axe and bow in gorytos, ΟΛΒΙΟ upwards to right, MH to left. SNG Stancomb 388 (this coin); Frolova & Abramzon 1015; SNG BM Black Sea 504; SNG Pushkin 242 (same dies); SNG Moskau 1240-8; HGC 3.2, 1887. 8.25g, 21mm, 12h.

Good Fine. Very Rare.

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., October 1975.