Watch List notes:

KINGS OF MACEDON. Alexander III 'the Great', 336-323 BC. Tetradrachm (Silver, 31 mm, 16.22 g, 1 h), struck posthumously, Phaselis, year KE = 25 = 197-196. Head of youthful Herakles to right, wearing lion's skin headdress. Rev. ΑΛΕΞΑΝΔΡΟΥ Zeus seated to left on backless throne, holding eagle on his outstreched right hand and long scepter in his left; in field to left, KE. Cf. Heipp-Tamer 299-302 (all with Φ above date). Cf. Price 2868 (Φ below date). Roughness, otherwise, very fine.