Watch List notes:

SASANIAN KINGS. Hormizd IV. AD. 579-590. AR Drachm (4.06 gm; 32 mm). AI (Airan-Susa) mint, year 5. Crowned bust of Hormizd IV right, crescent on forehead, stars flanking crown / Fire altar with attendants and ribbon, star and crescent flanking flames. SNS Type I/1; Göbl II/1. Well struck on a nice broad flan. Overstruck on an earlier coin with clear impression of crown at 11. Choice EF. Toned.