Watch List notes:

HEPHTHALITE: Peroz type, ca. 480-500, AR drachm (3.92g), NM, ND, G-"W287", Peroz style obverse, without 4 pellets in margin / standard reverse type, but cross left & crescent right of fire, and stylized Hephthalite word ALXON instead of both mint & date, EF, RR. Probably of Tokharistan region, possibly unpublished with cross on reverse.

Estimate: 275-325 USD