Watch List notes:

Mithradates II (123-88), Drachm, Ekbatana, 120-109 BC; AR (g 3,70; mm 22; h 12); Bearded bust l., wearing diadem, earrings and pellet ended torque; behind, monogram, Rv. ΒΑΣΙΛΕΩΣ / ΜΕΓΑΛΟY / ΑΡΣΑΚΟY / ΕΠIΦΑNOYΣ, king enthroned r., holding bow. Sellwood 24.30 var. (seated on omphalos)
Very rare variant, cabinet tone, extremely fine.