Watch List notes:

Akarnania, Akarnanian Confederacy AR Stater. Leukas, circa 250-200 BC. ΛYKOYPΓOΣ, head of the young river god Achelous to right / AKAPNANΩN, Apollo seated to left on throne, holding strung bow. BCD Akarnania 16 (same obv. die); HGC 4, 721. 10.20g, 26mm, 10h.

Good Very Fine; attractive cabinet tone. Very rare variant.

From a private Dutch collection;
Ex W. F. Stoecklin Collection, Nomos AG, obolos 8, 2 December 2017, lot 219 (old collector's ticket included);
Ex Münzen & Medaillen AG Basel, Auction VI, 6-7 December 1946, lot 647.