Watch List notes:

SASANIAN KINGS. Ardaxšīr (Ardashir) III. AD 628-630. AR Drachm (33mm, 4.08 g, 3h). LD (Ray) mint. Dated RY 2 (AD 629). Bust right, wearing mural crown with frontal crescent, two wings, and korymbos set on crescent; ribbon on left shoulder, crescent and ribbon on right; stars flanking crown / Fire altar with ribbons; flanked by two attendants; RY to left, mint signature to right; star and crescent flanking flames. SC Tehran –; SNS Schaaf –; Mochiri –; Sunrise –; Zeno –. VF, deposits, some light hairlines. Extremely rare mint for this ruler.

From the Delbert Carl Highlands Collection. Ex Classical Numismatic Group 58 (19 September 2001), lot 838 (part of); G. Hirsch 155 (23 September 1987), lot 366.