Watch List notes:

THESSALY, Thessalian League. Mid-late 2nd century BC. AR Drachm (19.5mm, 3.72 g, 5h). Au– and Phi–, magistrates. Laureate head of Apollo right; [monogram to left] / Athena Itonia striding right, holding shield and preparing to hurl spear; Φ-I across field. BCD Thessaly II 888.3; HGC 4, 213. Toned, light porosity. VF.

From the collection of an English Queen's Counsel. Ex Classical Numismatic Group XXXIV (6 May 1995), lot 83 (part of).