Watch List notes:

Arkadia, Stymphalos AR Obol. Circa 350 BC. Head of Herakles to right, wearing lion skin headdress / Head of water bird to right; ΣΤΥΜΦΑΛΙΟΝ around. BCD Peloponnesos I 1697 (same rev. die); Warren, Kato 80; Traeger 605; HGC 5, 1028 (R1). 0.84g, 11mm, 6h.

Good Very Fine; light porosity. Very Rare.

From the Dr. Burkhard Traeger Collection;
Ex Classical Numismatic Group, Electronic Auction 420, 9 May 2018, lot 223;
Ex Classical Numismatic Group, Mail Bid Sale 78, 14 May 2008, lot 742 (hammer: 850 USD);
Ex BCD Collection (not in LHS sale).