Watch List notes:

THRACO-MACEDONIAN REGION, Uncertain. 5th century BC. AR Drachm (15.5mm, 3.76 g). Forepart of winged lion and winged horse, conjoined at truncation and inverted from one another / Quadripartite incuse square. Cf. Tzamalis 65 (didrachm); cf. HPM pl. XIV, 24–5 (didrachm). Toned, test cuts, slightly off center on obverse. VF. Extremely rare, none in CoinArchives.