Watch List notes:

KINGS of PARTHIA. Phraatakes. 2 BC-circa AD 4/5. BI Tetradrachm (28mm, 9.75 g, 12h). Seleukeia on the Tigris mint. Dated SE 311, month of Dustros (February 1 BC). Diademed bust left; Nikai flanking, crowning Phraatakes with wreaths / Archer (Arsakes I) seated right on throne, holding bow; AIT (year) below bow, [Δ]YΣΤ[POV] (month) in exergue. Sellwood 57.3; Shore 315 var. (month); DCA 620. VF, lightly toned, graffiti on obverse.

From the Demetrios Armounta Collection. Ex Kovacs (31 August 1984), lot 168.