Watch List notes:

KINGS of PARTHIA. Phraates IV. Circa 38-2 BC. AR Drachm (19mm, 3.88 g, 12h). Court mint at Susa. Diademed bust left; to right, eagle left, holding wreath / Archer (Arsakes I) seated right on throne set on ground line, holding bow; monogram below bow. Cf. Sellwood 52.30-1 (for rev. legend with monogram); Sunrise –; Shore –. Iridescent toning, partial flat strike. EF.

Ex Bellaria Collection (Triton VII, 13 January 2004), lot 463.