Watch List notes:

Sasanian Kingdom, Kavad I AR Drachm. KA(?) mint, first reign, AD 488-497. Crowned bust to right wearing mural crown with frontal crescent and korymbos set on crescent / Fire altar with ribbons and attendants; star and crescent flanking flames. SNS III type IIa/1c; Göbl III/1. 3.29g, 26mm, 3h.

Very Fine; old cabinet tone.

From a private UK collection.