Heraia, Arkadia, AR obol, 11.5 mm, 0.94 g, 5th-4th centuries BC. 

Young Pan, naked, standing right, left foot on rock, right hand 
on hip, left elbow on his knee and holding sceptre set on 
ground with left hand.
H-R to left and right of head of Artemis left, all within 
incuse square.

BMC 16; Traité III, 1011; Imhoof MG 203.
Extremely rare.

With permission of cngcoins.com, Triton XVIII, Jan. 2015