CNG 111, Lot: 178. Estimate $50000. Sold for $45000. This amount does not include the buyer’s fee.

CIMMERIAN BOSPOROS, Pantikapaion. Circa 340-325 BC. AV Stater (18.5mm, 9.07 g, 5h). Head of Pan left, wearing ivy wreath / Griffin, holding spear in its mouth, standing left, head facing, forepaw raised, on grain ear; Π-A-N around. Anokhin 1021; MacDonald 54; HGC 7, 20; SNG BM Black Sea 864; Gulbenkian 587 = Locker-Lampson 123; cf. Kraay & Hirmer 440. In NGC encapsulation, 4281412-001, graded Ch XF, Strike: 5/5, Surface: 3/5, Fine Style, marks.

Ex Gorny & Mosch 195 (7 March 2011), lot 93 (hammer €35,000 [= $49,050 at that time]).