Watch List notes:

Indo-Parthians, Tanlis Mardates AR Drachm. Aria or Margiana, mid-late 1st century BC. Countermarked issue on a Margiane drachm of Parthian king Orodes II (Sellwood 47.9). Diademed bust to left; star to left, crescent to right; c/m: on neck, head to left, [TAN]ΛHC around; within oval incuse / Archer (Arsakes I) seated to right on throne, holding bow; monogram below bow. Senior 195.6D; HGC 12, p. 197. 3.16g, 19mm, 1h.

Very Fine. Rare.