Watch List notes:

KINGS OF PARTHIA. Phraates IV, circa 38-2 BC. Drachm (Silver, 21 mm, 4.14 g, 12 h), Mithradatkart. Diademed bust of Phraates to left; behind, eagle left, holding a wreath in its beak to crown the king. Rev. ΒΑΣΙΛΕΩΣ ΒΑΣΙΛΕΩΝ... (highly garbled Greek legend in the form of a square) Archer (Arsakes I) seated right on throne, holding bow; below bow, monogram. Sellwood 52.32-33 (uncertain letter behind the throne on the reverse). Sunrise 395. An impressive piece, struck on an especially broad flan. Reverse very slightly double-struck, otherwise, good extremely fine.

From an English collection, acquired in the 1990s and recently cleaned.