Watch List notes:

THESSALY, Thessalian League. Circa 470s-460s BC. Obol (Silver, 9 mm, 0.98 g, 9 h). Head of bridled horse to right. Rev. ΦΕ / ΘΑ Wheat grain with hull; all within incuse square. BCD Thessaly I, 1433.1 and BCD Thessaly II, 15 (same dies). Franke, 1970, 4 and fig. 5. Sharply struck, toned and most attractive. Extremely fine.
From the "Collection sans Pareille" of Ancient Greek Fractions, ex Münzen und Medaillen FPL 182, August 1958, 29.