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Drachm - Arsaces I Mithradatkart

Issuer Parthian Empire
Year 247 BC - 211 BC
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Composition Silver
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Obverse description Bust of Arsaces I facing left, wearing a distinctive soft Parthian bashlyk (satrapal cap) with long side flaps falling onto the shoulders and a third flap extending behind the neck. The portrait is rendered in a Hellenistic artistic style, depicting the king with a prominent nose, defined eye, and carefully articulated facial features. The field is plain, with no surrounding legend on the obverse.
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Reverse lettering ΑΡΣΑΚ[ΟΥ] ΜΤ
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Additional information

Arsaces I founded the Parthian kingdom around 247 BC after leading the Parni tribe in revolt against the Seleucid satrap Andragoras, and these early drachms were struck at Mithradatkart — a mint city whose precise location remains disputed among scholars, variously placed in Astarabad or the Nisa region of modern Turkmenistan. The Sellwood 3 type sits at the very origin of Parthian coinage, making attributions genuinely difficult; die links between Sellwood 1 through 4 suggest a small, centralized operation producing relatively few coins for a newly established polity still consolidating territory.

Surviving examples are rare by any measure.

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