Watch List notes:

EASTERN EUROPE, Imitations of Philip III of Macedon. 3rd-2nd centuries BC. AR Tetradrachm (28.5mm, 15.06 g, 12h). Mint in the lower Danube region. Head of Herakles right, wearing lion skin / Zeus Aëtophoros seated left; two monograms in left field, Greek Z below throne. OTA 579; KMW 1470–5. Typical areas of weak strike and die wear on reverse. Near VF.

Ex Rauch E-Auction 27 (21 June 2018), lot 21.