Watch List notes:

KINGS of PERSIS. Ardaxšir (Artaxerxes) I. 3rd century BC. AR Drachm (17mm, 4.12 g, 12h). Istakhr (Persepolis) mint. Head right, with mustache and earring, wearing kyrbasia / Fire temple of Ahura-Mazda; to left, Ardaxšir standing right; standard to right. van't Haaff, Persis, Types 521/522/523/524, example d (this coin); K&M –; Alram –. Iridescent toning. EF. Rare variety with reverse letters retrograde, some inverted.

From the Nisa Collection. Ex Bellaria Collection (Triton VII, 13 January 2004), lot 539; Sotheby's (29 September 1988), lot 385 (part of).