Watch List notes:

MOESIA, Istros. Late 5th-4th centuries BC. AR Drachm (17mm, 5.94 g). Facing male heads, the left inverted / Sea-eagle left, grasping dolphin, below left, with talons; Θ between, K below. Cf. AMNG I 434; SNG BM Black Sea –; SNG Stancomb –; Winterthur 1080 var. (position of Q); M&M GmbH 27, lot 2025 (same dies). Near EF, toned. Very rare variety.

From the collection of the MoneyMuseum, Zurich. Ex Lanz 97 (22 May 2000), lot 112.