Watch List notes:

PONTOS. Chabacta. Time of Mithradates VI Eupator, circa 85-65 BC. AE (Bronze, 23 mm, 13.55 g, 1 h). Head of Perseus to right, wearing Phrygian helmet. Rev. XABAKTΩN Pegasos grazing left; to left, monogram. HGC 7, 261. SNG BM Black Sea 1258-1259. Rare and unusually attractive. The reverse struck slightly off center, otherwise, extremely fine.