Watch List notes:

THESSALY, Thessalian League. Mid-late 2nd century BC. AR Drachm (19mm, 4.03 g, 12h). Her– and Heg–, magistrates. Laureate head of Apollo right; monogram to left / Athena Itonia right; monogram to inner right. BCD Thessaly II 889.5 (same obv. die); HGC 4, 213. Lightly toned. Good VF. On this example, there are traces of the previous magistrate letters Π-I across the central field on the reverse, which must have been erased from the die. The same effect is noted on some hemidrachms from the same issue.

Ex BCD Collection (Classical Numismatic Group Electronic Auction 358, 26 August 2015), lot 77.