Watch List notes:

SASANIAN KINGS. Vālaxš (Balāsh). AD 484-488. AR Drachm (27mm, 4.07 g, 4h). KL (Kirmān) mint. Struck circa AD 485-488. Bust right, wearing mural crown with korymbos set on crescent, ribbon on left shoulder, flames on right / Fire altar with ribbons and head of Balash right on shaft; flanked by two attendants; mint signature to right; star and crescent flanking flames. SNS type Ib/1b; Sunrise –. Good VF, toned, struck with worn reverse die.

From the Delbert Carl Highlands Collection. Ex Bellaria Collection (Classical Numismatic Group 66, 19 May 2004), lot 894.