Watch List notes:

KINGS of PARTHIA. Phraates III. Circa 70/69-58/7 BC. AR Drachm (22mm, 4.03 g, 12h). Areia mint. Struck circa 62/1-58/7 BC. Draped bust left, wearing tiara decorated with horn / Archer (Arsakes I) seated right on throne, holding bow; Λ below bow. Cf. Sellwood 39.13; Sunrise –; Shore –; PDC –; David Sellwood Collection (Baldwin's 96), lot 3156 (3 examples listed). Toned. VF. Extremely rare.

From the BRN Collection. Ex Parthicus Collection (Classical Numismatic Group Electronic Auction 396, 26 April 2017), lot 323.