Watch List notes:

Skythia, Olbia Æ18. Theu- Magistrate, circa 225-200 BC. Laureate head of Apollo right / ΟΛΒΙΟ, archer crouching left, shooting bow, ΘΕΥ below. SNG Moskau SHM 1664; HGC 3.2, 1899. 3.78g, 18mm, 12h.

Very Fine.

From the William Stancomb Collection;
Ex Elsen & ses Fils SA, Auction 62, 15 June 2000, lot 322.