Watch List notes:

Ionia, Ephesos EL 1/48 Stater. Circa 6th-5th centuries BC. Bee or wasp / Quadripartite incuse square. Gemini 14, lot 199 (uncertain mint); SNG Kayhan -; Weidauer -; cf. Linzalone LN1102 (1/24 stater and reverse design); cf. Karweise Series III; Kerschner & Konuk, ' The Artemision of Ephesus' in White Gold: Studies in Early Electrum Coinage (2020), 90 (described as a beetle); SNG Copenhagen -; SNG von Aulock -. 0.31g, 5mm.

Extremely Fine. Extremely Rare; only two other examples on CoinArchives.

From the inventory of a German dealer.