Watch List notes:

Islands off Troas, Tenedos AR Tetradrachm. Circa 100-80 BC. Janiform head of a laureate bearded male to left and female to right, wearing stephanos / Labrys; TENEΔIΩN above, handle flanked by grape bunch, to right, and thyrsos, to left; all within laurel wreath. Cf. Callataÿ, Tenedos 1 (D1/R- [unrecorded with thyrsos to rev.]); HGC 6, 390 var. (same); Sotheby's 21-22 June 1990 (Nelson Bunker Hunt Coll), lot 475 (same obv. die, cover coin) = Gitta Kastner, Auction 10, 1976, lot 51 (same obv. die, cover coin); Gorny & Mosch 273, lot 179 = CNG 114, lot 243 (same obv. die). 15.86g, 34mm, 12h.

Extremely Fine; attractively toned and struck on a broad flan. Exceedingly Rare; unpublished in the standard reference works, seemingly just the second known example, and the undoubted superior of the two.

From a private European collection.