Watch List notes:

THRACE. Hadrianopolis. Caracalla, 198-217. Tetrassarion (Bronze, 27 mm, 11.80 g, 6 h). AYT K M AYP CEY ANTΩNEINOC Laureate head of Caracalla to right. Rev. ΑΔΡIΑΝO-ΠΟΛΕΙΤΩΝ Pan standing facing, head to left, holding lagobolon over shoulder in his right hand, skin draped over left arm, left foot on panther lying on its back. Varbanov 3567. Youroukova 320 (V167/R310). Green patina. A forceful portrait and an interesting reverse. Very fine.

From the Vineyard Collection, ex Lanz 106, 26 November 2001, 105.