Watch List notes:

BAKTRIA, Greco-Baktrian Kingdom. Demetrios I Aniketos. Circa 200-185 BC. AR Tetradrachm (34mm, 16.63 g, 12h). MPHB Group IIb. Diademed and draped bust right, wearing elephant skin headdress / Herakles standing facing, crowning himself, holding club and lion skin; monogram to inner left. MPHB 44 (O15/R34 – this coin); Bopearachchi 1F; HGC 12, 63. Light iridescent toning, light marks, obverse pitting. VF.

From the Sigmund Collection. Ex Classical Numismatic Group 47 (16 September 1998), lot 744.