Watch List notes:

Phoenicia, Arados AR Tetrobol. Circa 420-400 BC. Laureate head of Marine deity (Ba'al Arwad) right / Galley; waves below, M A (in Aramaic) above; all within dotted incuse square, crescent-shaped depression below. E&E-A Group III.1.2; HGC 10, 40; Betlyon 11. 3.48g, 13mm, 6h.

Very Fine.

From the Nick Collins collection;
Ex Jean Elsen & ses Fils S.A., Auction 86, 10 December 2005, lot 143.