Watch List notes:

Ionia, Ephesos EL Myshemihekte - 1/24 Stater. Phanes, circa 625-600 BC. Forepart of stag left, head right / Incuse square punch with raised lines within. Fischer-Bossert, W., 'Phanes: A Die Study; in White Gold: Studies in Early Electrum Coinage, 2020, 37b (these dies); Head -, cf. 4 (hekte, with three pellets); SNG Kayhan 219 var. (pellets); Konuk & Lorber Fig. 19.; CNG 112, lot 253 (same dies). 0.58g, 7mm.

Near Extremely Fine. Extremely Rare type without pellets on obv.

From the inventory of a Swiss dealer.