Drachm - Phraates III (62 BC) front Drachm - Phraates III (62 BC) back
Drachm - Phraates III (62 BC) photo
© The New York Sale

Drachm - Phraates III 62 BC

62 BC year
Silver 3.71 g -
Description
Issuer
Parthian Empire (Parthian Empire (247 BC - 224 AD))
King
Phraates III (69 BC - 57 BC)
Type
Standard circulation coin
Year
62 BC
Value
Drachm (1)
Currency
Drachm (247 BC-224 AD)
Composition
Silver
Weight
3.71 g
Shape
Round (irregular)
Technique
Hammered
Orientation
Coin alignment ↑↓
Demonetized
Yes
Updated
2024-10-10
References
Numista
N#415164
Rarity index
100%

Reverse

Archer seated right on throne, holding bow, monogram below bow.

Script: Greek

Interesting fact

The Parthian Empire, which issued the Drachm - Phraates III coin, was known for its extensive trade networks and influential cultural exchange, particularly with the Roman Empire. In fact, the Parthians were responsible for introducing the concept of paper money to the Romans, which later became a widely-used medium of exchange in Europe.