Watch List notes:

Kimmerian Bosporos, Pantikapaion AR Hemiobol. Circa 340-330 BC. Head of satyr right / Forepart of lion right, head left; corn ear to left, ΠAN in exergue. Shelov 1956, 49; Anokhin Bosporus 106. 0.30g, 8mm, 6h.

Very Fine.

From the William Stancomb Collection;
Ex Gorny & Mosch Giessener Münzhandlung, Auction 148, 7 March 2006, lot 1218.