Watch List notes:

CIMMERIAN BOSPOROS, Uncertain. Makhares. Governor of the Bosporos, circa 79-65 BC. Æ (24mm, 11h). Wreathed head of Dionysos right / Bow case; monogram to left. MacDonald 180; HGC 7, 110 (Pantikapaion). Dark green patina, areas of scraping. In NGC encapsulation 5872733-075, graded XF, scratches.

From the Robert W. Bartlett Bequest Sold for the Benefit of the American Numismatic Society. Ex Edward J. Waddell FPL 2 (March, 1982), lot 103.