Watch List notes:

IONIA, Erythrai. Circa 480-450 BC. AR Drachm (14.5mm, 4.53 g). Erythros advancing left, leading horse by bridle; pilos to upper right / Rosette in incuse square. Cf. SNG Kayhan 1285 (for type); McClean 8144 (same rev. die). Toned, granular surfaces, die break on reverse. VF.