Watch List notes:

Ionia, Ephesos AR 1/48 Stater. Circa 550-500 BC. Bee / Quadripartite incuse square. Karwiese Series III; cf. SNG Kayhan 1221 (electrum and die style); Klein 369; Rosen 572 var. (denomination). 0.22g, 6mm, 12h.

Near Very Fine.

From a private UK collection.