Watch List notes:

Kingdom of Macedon, Philip III Arrhidaios AR Drachm. In the types of Alexander III. Abydos, 323-317 BC. Head of Herakles to right, wearing lion skin headdress / Zeus Aëtophoros seated to left, holding sceptre; monogram in left field, horse leg below throne. Price P23 var. (leg below monogram); CNG MBS 78, lot 421 (same dies); cf. ADM II series VIII, 122 (same obv. die). 4.16g, 17mm, 6h.

Very Fine. Extremely Rare.

From the inventory of a German dealer.