Watch List notes:

SICILY, Naxos. Circa 461-430 BC. AR Drachm (18mm, 4.22 g, 1h). Bearded head of Dionysos right, wearing ivy wreath / Silenos, nude and ithyphallic, squatting half-left, holding kylix in right hand and supporting himself with his left, tail behind; N-A-XI-ON around; all within shallow concave circular incuse. Cahn 56.26 (V41/R47 – this coin); HGC 2, 990; SNG ANS 518–9 (same dies); SNG Lloyd 1152 (same dies); BMC 9 (same dies); Boston MFA 305 = Warren 274 (same dies); Jameson 676 (same dies); de Luynes 1064 (same dies); Pozzi 507 (same dies); Sartiges 111 (same dies). Old cabinet tone, traces of find patina, die break on obverse (typical for die). VF. Well struck on a broad flan.

From the Pythagoras Collection. Ex Naville V (18 June 1923), lot 981; Gustave Durulfé Collection (Rollin & Feuardent, 9 May 1910), lot 151; G. Empedocles Collection.