Watch List notes:

KINGS of PARTHIA. Phraates IV. (38/37 - 2 BC). Silver Drachm (3.84 gm; 19 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. Choice EF. Lightly toned.