Watch List notes:

SICILY, Messana. 445-439 BC. AR Tetradrachm (27mm, 17.02 g, 11h). The nymph Messana, holding kentron and reins, driving slow biga of mules right; above, Nike flying right, crowning horses; olive leaf in exergue / Hare springing right; olive spray below. Caltabiano Series IX, 369.2 (D166/R156 – this coin); HGC 2, 783; BMC 25 (same dies). Old collection tone, light porosity. VF. Overstruck on a tetradrachm of Athens (head of Athena visible on the reverse, portions of the owl visible on the obverse); very rare thus, Kraay (in Greek Coins and History) noted only 7 examples known.

From the Mercury Group Collection, purchased November 2007. Ex Lepczyk (24 February 1978), lot 371.