CNG 85, Lot: 378. Estimate $1500. Sold for $1600. This amount does not include the buyer’s fee.

ISLANDS off ELIS, Kephallenia. Kranion. Early 4th century BC. AR Triobol (13mm, 2.98 g, 2h). Ram standing left / D within incuse square. SNG Copenhagen 452; Traité I pl. 39, 20; Dewing 1910; Winterthur 2176-7. VF, lightly toned. Excellent metal. Extremely rare.

Although Winterthur dates this issue to the early 5th century BC, and SNG Copenhagen to circa 480-431 BC, there are bronze issues with these exact same types (Laffaille 369 = Triton V, lot 384), which are unlikely to be dated before the early 4th century BC.