Watch List notes:

Western Asia Minor, uncertain mint EL 1/48 Stater. Circa 5th century BC. Bridled head of horse to left / Rough incuse square. Unpublished in the standard references; for similar, cf. Fischer-Bossert, Horses 30 (unbridled horse, incuse punch); cf. ATEC 245 = Rosen collection, M&M Basel 72, lot 108 (1/24 Stater). 0.30g, 6mm.

Good Very Fine; light porosity.

From the inventory of a German dealer.