Watch List notes:

Celts in Eastern Europe AR Drachm. Alexander III type. Circa 3rd - 2nd century BC. Celticised head of Herakles to right, wearing lion skin headdress / Stylised Zeus Aëtophoros seated to left, holding sceptre; monogram within circle above grape bunch in left field, blundered legend AΛEΞΛNΔ[...] to outer right. Bauslaugh, Posthumous, Series 2, 4-12; Cf. Roma E-75, lot 12; Naumann 52, lot 45; HGC 6, 1134 (Chios). 4.13g, 17mm, 12h.

Very Fine.

From the inventory of a German dealer.