Watch List notes:

Thrace, Ainos AR Tetradrachm. Circa 410-405 BC. Head of Hermes to right, wearing petasos / Goat standing to right, AINI above, ivy branch in right field; all within incuse square. May group 29, 246 (A150/P161); Pozzi 1020; HGC 3.2, 1269. 16.18g, 25mm, 6h.

Extremely Fine; beautiful old cabinet tone. Rare.

Ex Roma Numismatics Ltd., Auction XVII, 28 March 2019, lot 405;
Ex collection of an antiquarian, Bavaria c. 1960s-1990s.