CIMMERIAN BOSPOROS. Pantikapaion. Circa 380-370 BC. Obol (Silver, 10 mm, 0.84 g, 11 h). Bearded head of Pan with animal ears to left. Rev. ΠΑΝTI Forepart of a lion to left; behind the truncation to right, crescent with points to left; all within shallow circular incuse. HGC 7, 77. MacDonald 38. SNG BM Black Sea 854. Boldly struck and lightly toned. Some minor roughness, otherwise, good very fine.
As depictions of Pan go, this one seems both thoughtful and serious.