Watch List notes:

IONIA, Ephesos, (c.450-415 B.C.), silver drachm, (3.15 g), obv. bee with tendrils and curved wings, across **E F*, dotted border, rev. quadripartite incuse square, (cf.S.4360, Karwiese Series VI, 2A, No,22, 25, SNG Kayhan 122, SNG Berry 1052). Good very fine, toned and off centred on reverse, rare.

Ex George Mihailuk Collection, from Romanorum in August 2007.