Watch List notes:

EGYPT, Achaemenid Province. Artaxerxes III Okhos. As Pharaoh of Egypt, 343/2-338/7 BC. AR Tetradrachm (23mm, 16.54 g, 9h). Imitating Athens. Head of Athena right, with frontal eye, wearing earring and crested Attic helmet decorated with three olive leaves over visor and a spiral palmette on the bowl / Owl standing right, head facing; olive spray and crescent to left, "Artaxerxes Pharaoh" in two-line Demotic A script to right. Van Alfen Type I, 1–5 var. (unlisted dies) = Price, More 147–9; O. Mørkholm, "A Coin of Artaxerxes III" in NC 1974, pl. I, 7–8; cf. Meadows, Administration 329; Mildenberg, Münzwesen 124. Toned, deep test cut filled with deposits. VF. Very rare.

From the David Wray Collection, purchased from Pars Coins (inv. no. PCW-G1281).