Watch List notes:

Skythia, Olbia Æ21. Circa 275-260 BC. Horned and bearded head of Borysthenes left; c/m: dolphin right / ΟΛΒΙΟ, axe and bow in gorytos, ΔΙΡ monogram to left. SNG Moskau SHM 1311-23; SNG BM Black Sea 517; HGC 3.2, 1887. 9.65g, 21mm, 12h.

Very Fine.

From the William Stancomb Collection;
Ex Dmitry Markov Coin & Medals, New York Auction 7, 29 September 1998, lot 44.