Watch List notes:

KINGS of PARTHIA. Phraates IV. 38/37 - 2 BC. Silver Drachm (3.88 gm; 18 mm). Ecbatana mint. Diademed bust left, wart on forehead, wearing segmented necklace with medallion; before, star in crescent; behind, eagle flying left, crowning Phraates with wreath / Archer (Arsakes I) seated right on throne, holding bow; monogram below bow. S54.7, Shore 299; Sunrise 396var. Minor scratch on the reverse field. Choice EF. Lightly toned.