Watch List notes:

KINGS of MACEDON. Alexander III 'the Great'. 336-323 BC. Æ Half Unit (15.5mm, 4.01 g, 9h). Uncertain mint in Macedon. Head of male right, wearing tainia; pellet below / Horse prancing right; horizontal torch below. Price 338 var. (no pellet on obv.). Earthen green patina. VF.

While the pellet below the neck may be an incidental mark in the die, upon close inspection, it appears to have been intentional; it has the same shape and depth as the pellets of the border.