Watch List notes:

Skythia, Olbia Æ 20mm. Pseudo-autonomous issue, temp. Commodus, AD 180-192. K[allisthenes?] or Kal-[ ] (archon for the fourth time), magistrate. Bull advancing to left; ΑP ΚΑΛ ΤΟ Δ above / Eagle standing to right, looking to left, with wings closed and wreath in beak; B in right field, OΛBIOΠOΛI above. RPC IV.1 Online 3692 (temporary); SNG Moskau 2863-72; SNG Pushkin 568; SNG Stancomb 947; Anokhin 385. 5.11g, 20mm, 6h.

Near Very Fine. Very Rare.

From the collection of GK.