Watch List notes:

IONIA. Ephesos. Circa 550-500 BC. Hemidrachm (Silver, 11 mm, 1.81 g). Bee with spread wings and four visible legs going forward and two behind. Rev. Stellate pattern within an incuse square. Karwiese Series IIIa. Very sharply struck and beautifully toned, a particularly fine piece. Extremely fine.