Watch List notes:

IONIA. Ephesos. Circa 390-325 BC. Drachm (Silver, 16 mm, 3.64 g, 12 h), struck under the magistrate Aristonomos, circa 350-340 BC. E-Φ Bee with straight wings, flanked by astragaloi. Rev. ΑΡΙΣΤΟΝΟΜ[ΟΣ] Forepart of stag to right, head turned to look back; behind, palm tree. BMC -. Cf. Pixodaros Class G (tetradrachm). SNG Copenhagen 240 var (magistrate). CNG 85 (2010), 416. An extremely rare issue, with only half-a-dozen examples known. Very fine.