Watch List notes:

DYNASTS OF LYCIA. Araxa. Uncertain dynast, Circa 380 BC. Obol (Silver, 12 mm, 0.91 g, 6 h). Head of Athena to left, wearing crested Attic helmet, adorned with pegasos (?); border of dots. Rev. Female head to left, wearing a crenelated polos and a simple necklace; behind neck, Lycian monogram; border of dots. Apparently unpublished, save for its auction appearances: Bank Leu 25, 1979, 171. Extremely rare, the second and best known. Of fine style and toned as found. Good very fine.
From the "Collection sans Pareille" of Ancient Greek Fractions, ex Bank Leu 25, 23 April 1980, 171.