Watch List notes:

KINGS of PARTHIA. Phraates IV. Circa 38/7-2 BC. AR Drachm (19mm, 3.61 g, 11h). Mithradatkart mint. Diademed bust left; behind, eagle left, holding wreath / Archer (Arsakes I) seated right on throne, holding bow; monogram below bow; archaic Z above throne back. Sellwood 52.32-3 var. (different letter); Sunrise 395 var. (same); Shore 286 var. (same); PDC –; Pars 1, lot 113. Lightly toned. EF. Rare letter.