Watch List notes:

CARIA, Uncertain. 5th century BC. AR Hemidrachm (11mm, 1.86 g, 12h). Head of ram right; below, lizard right / Forepart of bull left within incuse square. HN Online –; SNG Kayhan –; SNG Copenhagen –; SNG von Aulock –; Jameson 2295 var. (bull right); Savoca 21, lot 177 = Savoca 14, lot 200. Toned, light porosity and granularity. VF. Rare.

While this issue has traditionally been placed at an uncertain mint in Ionia, the reverse type here is commonly used on fractional silver issues from Uncertain mints D and E in Caria. While the obverse type is not currently known for any issues at those mints, it is a common obverse type at the Carian mint of Kasolaba.