Watch List notes:

KINGS of MACEDON. Philip II. 359-336 BC. AR Hemidrachm (12.5mm, 1.73 g, 3h). Pella mint. Struck 359-355/4 BC. Head of male right, wearing tainia / Philip, holding reins and palm frond, and raising hand, on horseback left; HM below. Le Rider 24 var. (unlisted dies); SNG ANS –; SNG Alpha Bank –; SNG München –. Toned, typical granular surfaces, die breaks on reverse. VF. Very rare.

From the Mercury Group Collection, purchased 1 February 2003.