Triton XV, Lot: 570. Estimate $750. Sold for $3500. This amount does not include the buyer’s fee.

THESSALY, Phalanna. Mid 4th century BC. AR Drachm (19mm, 5.64 g, 10h). Youthful male head r., border of dots / ΦAΛA-[NN]-AIΩN from above l., to r. and circular, bridled horse trotting r. SNG Lockett 1590 (same dies). VF, slightly unevenly toned; some scratches on the obv. and the horse’s head on the edge of the flan.

The obverse die of this coin is the second of two known for the early drachm issue and is encountered much more infrequently than that of lot 569. There is a multitude of reverse dies combining with these two obverses and the drachm coinage of this mint, with the exception of the rare late piece (see lot 581 below), must have been issued in a single burst around the middle of the 4th century.