Watch List notes:

ARKADIA, Megalopolis. Circa 80-50 BC. AR Triobol – Hemidrachm (16mm, 2.34 g, 9h). Laureate head of Zeus left / Pan seated left on rock, raising hand and holding logobolon; above knee, eagle flying left; Δ to lower left, Δ to lower right. Dengate Group III, Issue 3; BCD Peloponnesos 1564; HGC 5, 948. Lightly toned, some roughness on obverse. VF.

Ex Classical Numismatic Group Electronic Auction 484 (27 January 2021), lot 245. Reportedly ex BCD Collection.