Watch List notes:

Kings of Cappadocia, Ariobarzanes III Eusebes Philoromaios (52-42 BC), Drachm, Dated regnal year IA/11; AR (g 3,92; mm 14; h 12); Diademed head r., Rv. ΒΑΣΙΛEΩΣ - ΑΡΙOBARZANOV - EVΣEBOVΣ KAI - ΦIΛOPΩMAIOV, Athena Nikephoros standing l., resting hand on shield and holding spear; in field, monograms; in ex. IA. Simonetta, p. 44, n. 3d; Parthica 2007, Ab. III 4/7 (this coin).
Rare. Cabinet tone; thick flan; about extremely fine.

From the Bono Simonetta Collection; ex Classical Numismatic Group 42, 29 May 1997, lot 700 (part).