Watch List notes:

THESSALY. Pherai. Alexander, Tyrant, 369-359 BC. Obol (Silver, 10 mm, 0.80 g). Wheel of four spokes. Rev. AΛE Double-axe. BCD 1313. SNG Copenhagen 244. Traité IV, 618, pl. CCXCIV, 19. Rare. Good very fine.