Watch List notes:

Elymaian Kingdom. Phraates. Early-mid 2nd century A.D. AE drachm (14.3 mm, 2.86 g, 12 h). Bust facing, wearing ornamented tiara; to right, pellet–in–crescent above anchor with single cross bar / Eagle standing left, with wreath in its beak. Van’t Haaff Type 14.3.1-1. VF, brown patina. Scarce. 

Ex CNG 356, lot 261.