Arkadian League. AR stater, ca 363-362 BC. 24 mm, 12.19 g. 

Laureate head of Zeus left.
Young Pan seated left, head facing, on rock covered by his 
mantle, holding lagobolon in his right hand, leaning on his 
left arm; ARK monogram to left, syrinx below, OLY in small letters at bottom of rocks. 

Jameson 1276; BMC 48; BCD 1512; Sear SG 2686.

With permission of LHS Numismatik AG auction 96, Lot 1513, May 2006.