Watch List notes:

EASTERN EUROPE, Imitations of Seuthes III of Thrace. Circa 3rd century BC. PB (16.5mm, 4.13 g, 8h). Laureate head of Zeus right / Horseman right; pseudo–legend below. For prototype, see Peter p. 182, 4; SNG BM Black Sea 317–9. Glossy grey-brown surfaces. Near VF. Very rare imitation in lead.

From the Miami Collection. Ex Liz's List 39 (February 2009), lot 61.