Watch List notes:

KINGS OF PARTHIA. Phraates IV, circa 38-2 BC. Tetradrachm (Silver, 29 mm, 12.03 g, 12 h), Seleukeia on the Tigris, struck during August, Seleukid year 286 = ΓΟΡΠΙΑΙΟΥ, 27-26. Diademed bust of Gotarzes II to left. Rev. BACIΛEW[C] BACIΛEWN APCAKO[Y] EΥEΡΓET[OY Δ]IKAIO[Y] EΠIΦANOYC ΦIΛEΛΛHNO[C] Gotarzes seated right on throne, Tyche standing left before him, presenting a palm branch held in her right hand and holding cornucopia in left; above CΠΣ (date); in exergue, [Γ]ΟΡ (month). Sellwood 51.21. Cf. Shore 271 (month). Well centered and bold strike; nicely toned. Very fine.