Watch List notes:

Greco-Baktrian Kingdom, Demetrios I Aniketos AR Tetradrachm. Circa 200-185 BC. Diademed and draped bust to right, wearing elephant skin headdress / Herakles standing facing, crowning himself with right hand, holding club and lion's skin in left; BAΣIΛEΩΣ to right, ΔHMHTPIOY to left, monogram to inner left. Bopearachchi 1C; Mitchiner 103d; SNG ANS 188-9; HGC 12, 63. 16.75g, 31mm, 12h.

Extremely Fine; an attractive example with a pleasant old cabinet tone and striking hints of rainbow iridescence to both sides.

Acquired from Leu Numismatik AG;
Ex Hess-Divo AG, Auction 317, 27 October 2010, lot 321 (hammer: 2.400 CHF).