Watch List notes:

ARKADIA, Arkadian League. Circa 175-168 BC. AR Triobol – Hemidrachm (15.5mm, 2.42 g, 10h). Megalopolis mint. Laureate head of Zeus left / Pan seated left on rock, holding lagobolon and raising hand; to left, eagle left above Arkadian League monogram; to right, Δ above Λ. Dengate Period IIB, Issue 1, 1–19; BCD Peloponnesos (Megalopolis) 1545; HGC 5, 932. Old collection tone, some die wear. Good VF.

From the BLS Collection.