Watch List notes:

ASIA MINOR, Uncertain. 5th century BC. AR Obol (7mm, 0.72 g). Stylized facing lion's head, mane styles as five-spiked crown / Incuse square with uncertain design. Cf. Rosen 395 (diobol); cf. E.S.G. Robinson, "Coins from al-Mina (1936)" in NC 1937, p. 186 (same); cf. M. Thompson, "Some Noteworthy Greek Accessions" in MN XII (1966), 5 (tetrobol). Toned. VF. Very rare as an obol.

Ex Dr. G. W. Collection (Gorny & Mosch 269, 9 March 2020), lot 344; Hauck & Aufhäuser 18 (5 October 2004), lot 125.