Obv: Dolphin right, Phoenician MR above, waves below, murex shell in exergue.
Rev: Owl standing right, head facing; crook and flail over shoulder; all within incuse square
0.66 Grams, 8 mm diameter. Condition: Good VF, some die wear. Extemely rare only 9 coins known to Elayi & Lemairi.

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Tyre Alphabet

Around 1600 B.C. the Phoenicians invented 22 ‘magic signs’ called the alphabet, and passed them onto the world. The Phoenicians gave the alphabet to the Greeks who adopted it; the Phoenician Alphabet eventually evolved to the Latin letters of present-day. This coin is part of the first series of coinage at Tyre. It is intriguing because of its Phoenician inscription. Unlike later issues with regnal years and/or portions of a king's name, the inscriptions in this series are less clear. Numismatists, have proposed a variety of possibilities, but the problem is the interpretation of the actual letters on the coins. Elayi has demonstrated that these inscriptions vary and the quantity of the coins available is too scant to accurately conclude.
Reading right to left we have:

Mem (Water) = M
This letter was used to represent m consonant. After 900 B.C. the Greeks borrowed the sign from Phoenician and flipped it to become the Greek M.
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Resh (Head) = R
This letter was used to represent r consonant. After 900 B.C. the Greeks borrowed the sign from Phoenician and reversed it to become the Greek Rho.