Watch List notes:

Indo-Parthians, Margiana or Sogdiana(?) AR Drachm. "Helmeted" Countermark issue imitating countermarked drachms of Phraates IV of Parthia. Late 1st century BC-early 1st century AD. Diademed and draped bust left; [eagle left, holding wreath behind]; circular "countermark" of helmeted king right on neck / Archer (Arsakes I) seated right on throne, holding bow. Senior 199.2D; Sellwood 91.13; Sunrise 494. 2.24g, 17mm, 12h.

Very Fine.