Watch List notes:

CAPPADOCIA, Caesarea-Eusebia. Septimius Severus. AD 193-211. AR Tridrachm (24mm, 8.22 g, 12h). Dated RY 17 (AD 208/9). Laureate, draped, and cuirassed bust right, seen from behind / Nike advancing left, holding wreath and palm frond; ЄT IZ (date) in exergue. Ganschow, Münzen 443.2 (this coin); Sydenham, Caesarea –. Lightly toned with underlying luster, small edge chips. Good VF. Extremely rare, one of only two specimens known to Ganschow.

From the Richard McAlee Collection. Ex Berk BBS 116 (17 October 2000), lot 528.