Watch List notes:

Skythia, Olbia Æ 18mm. Circa 230-225 BC. Helmeted head of Athena to right / Dolphin swimming to left; ΟΛ below. SNG BM Black Sea 597 (same rev. die.). 2.81g, 18mm, 9h.

Good Fine; overstruck on a Demeter/Archer type, lightly smoothed. Extremely Rare.

From the William Stancomb Collection;
Acquired from A. H. Baldwin & Sons Ltd., 2004.