Watch List notes:

IBERIA, Arse-Saguntum. Circa 150-100 BC. Æ Unit (28.5mm, 17.42 g, 11h). Helmeted head of Roma right / Prow right; above, Nike flying right, holding wreath; to right, kerykeion. ACIP 1986. Dark brown patina with traces of red, a bit of bare metal on some highpoints. VF.

From the William Hyder Collection. Ex Cederlind BBS 126 (19 November 2002), lot 1.