Watch List notes:

THESSALY, Thessalian League. Late 2nd-mid 1st centuries BC. AR Stater (21mm, 6.03 g, 12h). Kleippos and Gorgopas, magistrates. Laureate head of Zeus right / Athena Itonia advancing right, holding shield and preparing to hurl spear; KΛEIΠ-ΠOΣ above; [Γ]OPΓΩ[ΠAΣ] in exergue. BCD Thessaly II 863.1; HGC 4, 209. Light golden toning, underlying luster, compact flan. EF.

From the Jack A. Frazer Collection. Ex Kovacs XV (1 October 2003), lot 74.