Watch List notes:

CARIA, Kaunos. Circa 430-410 BC. AR Stater (19.5mm, 11.56 g). Winged female figure running right, head left, holding kerykeion in right hand and wreath in left / Baetyl(?) with small horn-like projection (handles?) on apex; granulated protuberances at sides; all within incuse square. Konuk Period IV, 94 (O36/R35); Troxell, Winged 26 (same dies); HN Online 787; SNG Delepierre 2783 = Bement 1612 (same dies); BMC 6 (same dies); Dewing 2359 = Pozzi 2820 (same dies). Lightly toned, granular surfaces, die wear on obverse, a few marks on reverse. Good VF. Well struck for issue.

From the JTB Collection. Ex Gorny & Mosch 200 (10 October 2011), lot 1868.