Watch List notes:

SASANIAN KINGS. Kavād (Kavādh) I. Second reign, AD 499-531. Æ Drachm (28mm, 3.22 g, 3h). Local imitation of an MY (Mēšān) mint silver drachm, possibly dated RY 35 (AD 522). Bust right, wearing mural crown with frontal crescent, two ribbons, and korymbos set on crescent, ribbons and crescents on shoulders; stars flanking head; star-in-crescents in margin / Fire altar with ribbons; flanked by two attendants; star and crescent flanking flames; RY date to left, mint signature to right. Cf. SNS III Type Ic/1b, 238 and 242 (for issue in silver); cf. SNS Schaaf 548 (same); cf. Loginov & Nikitin, p. 293 and fig. 26, 5.4 (same); Sunrise –. VF, attractive green patina, hint of earthen deposits in devices, hairline flan crack, holed and plugged in antiquity . Very rare.

From the Delbert Carl Highlands Collection. Ex Classical Numismatic Group 81 (20 May 2009), lot 747.