Panticapaeum, Thrace, Bosporos. AE26, 330-310 BC, 16.5 g.

Youthful Head of Pan left, wreathed with ivy.
PAN, head and neck of bull left.

BMC 16; Sear SG 1699; SNG BMC Black Sea 881

With permission of cngcoins.com, auction 54, Lot 518, June 2000
Very rare.

Note: This type should not be confused with the more common 
type which has the older version of Pan left on the obverse.