Watch List notes:

PARTHIA, Phraates IV, (c.38-2 B.C), billon tetradrachm (11.31 g), Seleukeia on the Tigris mint, uncertain mint, SE 285 (April 27 BC), obv. diademed and draped bust left, wart on forehead, wearing pointed beard and torque with no end visible, all within pelleted border, rev. Phraates seated left on throne, holding Nike, who stands right on his extended hand and presents him with diadem, and spear, (S.7470, Sellwood 54, Shore 309). Toned, good fine/fine.

Ex Dr. L.J. Sherwin Collection and from J&P O'Connor, Sydney April 8, 1980.