Watch List notes:

IONIA, Ephesos. Circa 550-500 BC. AR Hemidrachm (13mm, 3.21 g). Milesian standard. Bee; no border / Rough incuse square. Fischer-Bossert, Ephesos, Group II, 15a (same dies); Karwiese Series III; SNG Kayhan –. Find patina. VF. Very rare early silver issue from Ephesos.

From the J. de Wilde Collection.