Watch List notes:

THESSALY. Pharsalos. Late 5th-mid 4th century BC. Drachm (Silver, 18 mm, 5.97 g, 9 h), signed by the engraver Telephantos, with his initials on the obverse and on the reverse, and with those of his 'pupil' Ip...on the obverse. Head of Athena to right, wearing crested Attic helmet with raised cheek pieces; in tiny letters behind neck, ΤΗ and ΙΠ. Rev. Φ-Α / Ρ-Σ (last two letters retrograde) Thessalian cavalryman riding horse prancing to right, wearing petasos, chlamys and chiton, and holding a lagobolon over his right shoulder; in exergue, Τ. Lavva 86 (O43/R51). Sharply struck and attractively toned, with unusually clear details. Minor marks and a tiny cut on the reverse edge, otherwise, good extremely fine.

From a Swiss collection, acquired prior to 2005.