Watch List notes:

IONIA. Ephesos. Circa 500-420 BC. Drachm (Silver, 14 mm, 3.42 g). Bee with spiral antennae. Rev. Quadripartite incuse square. Karwiese VI, Type 1A. SNG Kayhan 119. Struck on an oblong flan, otherwise, about very fine.

From the Trausnitz Collection, ex Giessener Münzhandlung 95, 9 March 1999, 291.