Watch List notes:

KINGS of PARTHIA. Phraates IV. 38/7-2 BC. Billon Drachm (3.47 gm; 19 mm). Ekbatana mint. Diademed bust left, wart on forehead; behind, eagle flying left, crowning Phraates with wreath / Archer (Arsakes I) seated right on throne, holding bow. Sellwood 52.13 var. (legend); Shore 281; Sunrise 392var. Light porosity, otherwise well struck. Choice VF / Good VF. Toned. Scarce.