Watch List notes:

Skythia, Olbia Æ 23mm. Circa 320-310 BC. Horned and bearded head of Borysthenes to left / ΟΛΒΙΟ, axe and bow in gorytos, IK to left. SNG Stancomb 371 (this coin); SNG Moskau SHM 1005-23; SNG BM Black Sea 467; HGC 3.2, 1887. 9.23g, 23mm, 12h.

Very Fine.

From the Italo Vecchi Collection;
Ex Roma Numismatics Ltd., E-Sale 71, 28 May 2020, lot 72;
Ex William Stancomb Collection;
Acquired from Spink & Son Ltd., 1984.