Watch List notes:

KINGS of PARTHIA. Phraates II. 132-126 BC. AR Drachm (19mm, 4.12 g, 12h). Nisa mint. Diademed bust left; NICΛIΛ down right / Archer (Arsakes I) seated right on omphalos, holding bow; lines dividing legend. Sellwood 16.9; Sunrise –; Shore 49. Good VF, patchy tone, light porosity, light scratch. Rare.

Ex Ponterio 138 (1 April 2006), lot 1477.