Watch List notes:

CARIA. Halikarnassos. Circa 480-470 BC. Hemihekte (Silver, 10 mm, 1.13 g, 6 h). Forepart of Pegasos to right. Rev. Head and neck of a goat to right, long leash around his neck; in the field around, three pellets; all within an incuse square. HN Online 2061 (temp.). Karl 120 (this coin). SNG Kayhan II, 1613. Very rare. Bright, lightly toned, and attractive. About extremely fine.
From the "Collection sans Pareille" of Ancient Greek Fractions, and from that of E. Karl, Lanz 131, 27 November 2006, 120, ex G. Hirsch Nachf. 231, 26 November 2003, 330.