Watch List notes:

Arkadia, Megalopolis AR Triobol or Hemidrachm. Circa 100-80 BC. Laureate head of Zeus to left / Pan seated to left on rock, raising hand and holding logobolon; ΜΕΓ behind, eagle flying to left above knee, monogram to lower left. Dengate group III, pp. 84-5, issue 7; BMC 8-9; BCD Peloponnesos I 1554; BCD Peloponnesos II 2675; SNG Copenhagen 259; Weber 4310; Traeger 449; HGC 5, 947. 2.35g, 15mm, 2h.

Extremely Fine; pleasant old cabinet tone.

From the Dr. Burkhard Traeger Collection;
Ex Classical Numismatic Group, Electronic Auction 387, 30 November 2016, lot 111;
Ex Classical Numismatic Group, Electronic Auction 309, 21 August 2013, lot 51.