Watch List notes:

Moesia, Istros Æ21. Pan-, magistrate, 3rd century BC. Veiled head of Demeter right, wreathed with grain; c/m: helmeted head of Athena right / ΙΣΤΡΙH above sea-eagle on dolphin left, [ΠΑΝ] below. Cf. SNG Stancomb 198 (same rev. die); cf. AMNG 1.1, 474-5. 4.86g, 21mm, 12h.

Very Fine.

From the William Stancomb Collection.