Watch List notes:

Indo-Parthians, uncertain ruler AR Drachm. Margiana or Sogdiana mint, circa late 1st century BC-early 1st century AD. "Helmeted countermark" issue imitating countermarked drachms of Phraates IV of Parthia. Diademed and draped bust to left; behind, eagle left, holding wreath; circular "countermark" of helmeted king right on neck (engraved in the die) / Archer (Arsakes I) seated to right on throne, holding bow. Senior 199.2D; Sellwood 91.13; Sunrise 494; HGC 12, 520. 2.48g, 17mm, 12h.

Very Fine.