Watch List notes:

PHOENICIA, Arados. Early-mid 4th century BC. AR Twelfth Shekel (9mm, 0.43 g, 5h). Contemporary imitation. Laureate head of Ba'al–Arwad right, with profile eye / Galley right above waves; pseudo-legend above. For prototype: cf. HGC 10, 46. Toned, light porosity, a little off center. VF.