Naxos.
Plated tetradrachm, circa 461-430, AR 12.55 g. Bearded head of Dionysus r., hair bound with tainia adorned with ivy-wreath. Rev. NAΞION retrograde Bearded, naked Silenus, with pointed ears, ruffled hair and long tail, squatting on rock, facing; r. leg raised and l. folded to the side. He turns l. towards cantharus in his r. hand, while holding thyrsos in his l. In l. field, ivy plant creeps upwards. SNG ANS 531 = Campana p. 37, 2. McClean 2473 (these dies). Cahn150.
Rare. A very interesting and fascinating issue. Old cabinet tone and very fine

Ex Spink & Sons LTD Circular 78, 1970, 102 and Coin Galleries New York sale 17 May 1983, 67.