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; ΦΙΛΙΠΠOY to right, monogram in left field, horse leg below throne. Price P23 var. (leg below monogram); Roma e80, 209 (same dies); CNG MBS 78, lot 421 (same dies); cf. ADM II series VIII, 122 (same obv. die). 4.20g, 17mm, 2h.

Very Fine. Extremely Rare.

From the inventory of a German dealer.