HEPHTHALITE: "Hormizd IV" type, 7th century, AR drachm (2.91g), Zeno-162876 (with lengthy discussion), "flying camel" and monogram countermarks in obverse margin, uncertain countermark in reverse margin, VF. Design based on standard drachm of Hormizd IV (579-590), his name coarsely written, with bottom crescent replaced by pair of vertical crescents // totally blundered mint & date on reverse, derived from BHL 11 (Balkh).
Estimate: 140-180 USD