Watch List notes:

KINGS of PARTHIA. Phraates III. Circa 70/69-58/7 BC. AR Drachm (20.5mm, 4.09 g, 12h). Rhagai mint. Struck circa 62/1-58/7 BC. Draped bust left, wearing tiara decorated with horn / Archer (Arsakes I) seated right on throne, holding bow; monogram above bow. Sellwood 39.4; Sunrise 341; Shore 181. Near EF, lightly toned, a couple of hairline die breaks at peripheries.

From the Parthicus Collection. Ex Album 20 (18 September 2014), lot 30.