Watch List notes:

CAPPADOCIA, Caesarea-Eusebia. Gordian III. AD 238-244. AR Drachm (18mm, 3.73 g, 12h). Dated RY 4 (AD 240/1). Laureate, draped, and cuirassed bust right, seen from behind / Mt. Argaeus; • in upper left field, ЄT Δ (date) in exergue. Cf. Ganschow, Münzen 875k/876i (for obv./rev.); Bland, Last 55/56 (same); RPC VII.2 3281/3300 (same). Toned, minor pitting on obverse. Good VF. Rare variety.

From the Conti Collection. Ex PNC Collection (Pegasi XXXVIII, 22 May 2018), lot 357.