Pellene, Achaia, Peloponnesus. AR obol, 0.72 g. ca. 350-300 BC. 

Laureate head of Apollo to right; monogram behind head.
PEL above lyre within laurel wreath tied at the top.

BCD 591; SNG Cop 212.
Very rare.

With permission of LHS Numismatik AG, May 2006.