Watch List notes:

KINGS of PARTHIA. Mithradates I. 165-132 BC. AR Obol (11mm, 0.59 g, 12h). Nisa (?) mint. Diademed bust left, wearing long beard, within trace of wreath border / Archer (Arsakes I) seated right on omphalos, holding bow. Sellwood 11.5 var. (pelleted border); Sunrise –; Shore –; cf. Peus 376, lot 586 (drachm). VF, toned, obverse slightly off-center. Overstruck on an uncertain undertype. Very rare.

From the Parthicus Collection. Ex Todd A. Ballen Collection (Triton XIII, 5 January 2010), lot 530.