Watch List notes:

EGYPT, Pharaonic Kingdom. Uncertain pharaoh(s). Late 5th–mid 4th centuries BC. AR Tetradrachm (24mm, 17.06 g, 9h). Imitating Athens. Helmeted head of Athena right, with frontal eye / Owl standing right, head facing; olive sprig and crescent to left; all within incuse square. Van Alfen, Mechanisms, Group III.A.1, Fig. 1 = Buttrey Type B. Lightly toned, test cuts, bankers' marks, scratches. Fine.

Ex Heritage 231809 (1 March 2018), lot 61031.