Watch List notes:

IONIA, Ephesos. Circa 390-325 BC. AR Tetradrachm (23.5mm, 14.82 g, 12h). Pelephos (I), magistrate. Struck circa 340-325 BC. Bee with straight wings / Forepart of stag right; palm tree to left, ΠHΛEΦOΣ to right. Pixodarus Class I, obv. die 153 (unlisted for magistrate). Dark find patina, some roughness. Good Fine.

From the Colin E. Pitchfork Collection. Ex Lakeview Collection (UBS 59, 27 January 2004), lot 5667 (part of).