Watch List notes:

Western Asia Minor, uncertain mint AR Fraction. Circa 5th century BC. Horseman riding right / Head right within incuse square. Unpublished in the standard references; CNG e449, 137. 1.01g, 10mm, 6h.

Near Very Fine. Very Rare; unpublished and seemingly only one other example on CoinArchives.

From the inventory of a German dealer.