Watch List notes:

PHOENICIA, Arados. Uncertain king. Circa 420-400 BC. AR Shekel (18mm, 10.35 g, 12h). Head of Ba'al-Arwad right, wearing laurel wreath / Galley right; waves below; dotted linear border above. E&E-A Group III.1.1, C13; HGC 10, 29. Toned, slight roughness on obverse. VF.

Ex Gorny & Mosch 280 (11 October 2021), lot 378.