IONIA. Ephesus. Ca. 4th century BC. AR tetradrachm (23mm, 14.98 gm, 12h). NGC Choice XF 5/5 - 2/5, edge filing, marks. Ippocritus, magistrate. E-Φ, bee with straight wings seen from above / Forepart of stag kneeling right, head reverted; palm tree behind, IΠΠOKPITOΣ to right. BMC 47. Attractive deep cabinet toning. Sold at Heritage on January 22, 2021 for $3,360. Coin has some nice eye appeal but the designators (Surface 2/5, Edge Filing) knocked it down. Solution? Crack it out, omit the Heritage Sale from the description, and list it at CNG for $12,500! IONIA, Ephesos. Circa 390-325 BC. AR Tetradrachm (23mm, 14.97 g, 12h). Hippokritos (I), magistrate. Struck circa 360-350 BC. Bee with straight wings; E-Φ flanking / Forepart of stag right, head left; palm tree to left, ΙΠΠΟΚΡΙΤΟΣ downward to right. Pixodarus Class F, obv. die O96; BMC 47; Jameson 2266 (this coin). Old cabinet tone, minor porosity, a few marks. Good VF. Well struck. Ex Golden Horn Collection (Stack's, 12 January 2009), lot 2181; Walter Niggeler Collection (Part I, Leu/Munzen und Medallien, 3 December 1965), lot 259; Robert Jameson Collection (publ. 1932).