Watch List notes:

Thrace, Byzantion in alliance with Kalchedon Æ 26mm. 3rd century BC. Veiled head of Demeter to right / Poseidon seated to right, holding aphlaston and trident; ΒΥΞΑN to right, ΚΑΛΧΑ to left, monogram in inner right field. Schönert-Geiss 1271-5; SNG BM Black Sea 83 var. (legends); HGC 3.2, 1428. 8.42g, 25mm, 12h.

Extremely Fine; beautifully preserved.

From the inventory of a UK dealer.