THRACE. Ainos. Circa 412/1-410/09 BC. Tetradrachm (Silver, 25 mm, 16.41 g, 6 h). Head of Hermes to right, wearing close-fitting petasos with knob at the top and beads along the edge. Rev. ΑΙΝΙ Male goat standing to right; to right, ivy branch; all within incuse square. May, Ainos, 246a (this coin) = Pozzi (Boutin) 2176 (this coin). SNG Spencer Churchill 103 (this coin). Of superb Classical style, beautifully toned and with an extraordinary pedigree. Obverse very slightly off-center, otherwise, extremely fine.

From a Swiss collection, Hess Divo 335, 6 December 2018, 22 and from the collection of N. B. Hunt, II, Sotheby's New York, 21 July 1990, 323, ex Bank Leu 18, 5 May 1977, 96, from the collections of E. G. Spencer Churchill, Ars Classica XVI, 3 July 1933, 1058 and Ars Classica XIV, 2 July 1929, 214, and S. Pozzi, Naville I, 4 April 1920, 1020.