Watch List notes:

Ionia, Erythrai AR Drachm. 470-450 BC. Erythros advancing to left, leading horse by bridle / E-P-Y-Θ around rosette of sixteen petals; all within incuse square. SNG Kayhan 1285; SNG Copenhagen 556; SNG von Aulock 1944 var. (no. of petals); Traité II 1969, pl. CLIV, 27; Boston MFA 1838. 4.63g, 15mm, 10h.

Very Fine.

From the inventory of a UK dealer.