Sarmatia, Olbia. AE22, 310-280 BC. 10.24 g.

Horned bearded river-god (Borysthenes) left.
OLBIO, Bow in case; above axe; KI monogram above. 

SNG Cop.85var (monog.); Lafaille 280var; Sear SG 1685; BMC 10; SNG BM Black Sea 467.

With permission of Numismatik Naumann auction 49, Lot 47, Jan 2017.