Watch List notes:

SASANIAN KINGS. Kavād (Kavādh) I. Second reign, AD 499-531. AR Drachm (29mm, 4.08 g, 3h). GW (Gurgan) mint. Dated RY 39 (AD 526). Crowned bust right / Fire altar flanked by attendants; star and crescent flanking flames. SNS Type Ic/1a; Göbl Type III/1; Saeedi –. Good VF, areas of light toning, reverse double struck.

Ex Classical Numismatic Group 88 (14 September 2011), lot 655.