Watch List notes:

Skythia, Olbia Æ23. 3rd - 2nd centuries BC. Wreathed head of Demeter left / ΟΛΒΙΟ, axe and bow in gorytos, ΔΙΟ below. SNG Moskau SHM 1826; SNG BM Black Sea 599; HGC 3.2, 1890. 8.34g, 23mm, 3h.

Very Fine. Obverse off centre.

From the William Stancomb Collection;
Ex Gorny & Mosch Giessener Münzhandlung, Auction 225, 14 October 2014, lot 1258.