Watch List notes:

Gordian III Æ24 of Pella, Macedon. AD 238-244. IMP C M ANT GORDIANVS AVG, radiate, draped and cuirassed bust right / COL IVL AVG PELLA, Pan, holding pedum and resting hand over head, seated left on rocks and resting elbow upon syrinx. Varbanov 3756-7 var. (obv. legend and bust type). 8.47g, 24mm, 1h.

Very Fine; some encrustation. Very Rare.

Ex Roma Numismatics Ltd., E-Sale 52, 10 January 2019, lot 581;
Ex private German collection.