Watch List notes:

IONIA, Ephesos. Circa 390-325 BC. AR Tetradrachm (23.5mm, 14.91 g, 12h). Menekrates, magistrate. Struck circa 380-370 BC. Bee with straight wings / Forepart of stag right, head left; palm tree to left, MENEKPATHΣ to right. Pixodarus Class C, obv. die 23 (unlisted for magistrate); Ponerio 91, lot 103. Toned, trace deposits, struck off center with worn obverse die, cleaning scratches on reverse. VF.

From the Colin E. Pitchfork Collection. Ex Lakeview Collection (UBS 59, 27 January 2004), lot 5666 (part of).