Watch List notes:

Sasanian Kingdom. Hormizd IV. A.D. 579-590. AR drachm (32 mm, 4.10 g, 3 h). GW (Gurgan), regnal year 9 (587/8). Crowned bust of Hormizd IV right, crescent on forehead, stars flanking crown / Fire altar with attendants and ribbon, star and crescent flanking flames. SNS Type I/1; Göbl II/1. Choice extremely fine.

Estimate: $50