Watch List notes:

THRACE, Chersonesos. Circa 386-338 BC. AR Hemidrachm (13mm, 2.37 g). Forepart of lion right, head reverted / Quadripartite incuse square with alternating raised and sunken quarters; kerykeion in one quarter, [uncertain symbol in other]. Cf. McClean 4120 (for another example with kerykeion); HGC 3, 1437. Lightly toned, minor test cut on edge. Good VF.