Watch List notes:

Caria. Antiocheia ad Maeander 27 BC-AD 14. Augustus (?). Paionios (chairperson of the synarchia)
Bronze Æ

15 mm, 2,81 g

CΕΒ-Α[CΤΟC], bare head of Augustus (?) right / Π-ΑΙΩ[ΝΙΟΥ] CΥΝΑΡΧΙΑ ΑΝΤΙ-ΟΧΕΩΝ, Athena, standing left, holding spear and shield.

very fine

RPC I, 2834; BMC 28.