Watch List notes:

Thrace, Mesembria AR Obol. Circa 450-440 BC. Helmeted head of Athena right / M-E-T-A within four-part incuse square. Cf. Karayotov I, 5 pl. 1, 1 and Topalov 1995, 1 (var. head left); HGC 3.2, 1563. 0.64g, 9mm.

Very Fine. Very Rare.

From the William Stancomb Collection;
Ex Pecunem/Gitbud & Naumann, Auction 34, 2 August 2015, lot 42.