This week’s CoinWeek Silver Coin weekly giveaway is a Parthian Empire Silver Drachm Pacorus (78-120 AD) CH AU NGC coin.
The Parthian Empire, also known as the Arsacid Empire, was a major political and cultural power founded in 247 BC. The names comes from Arsaces I of Parthia, who was the leader of the Parni tribe that led the rebellion against the Seleucid Empire in what is now northeaster Iran.
The Empire was greatly expanded through 171-138 BC. At it’s height the Parthian Empire stretch from the northern Euphrates River through was is now central-eastern Turkey all the way through eastern Iran. The Empire was located on the Silk Road trade route between the Roman Empire and the Han Empire of China and became a center of significant trade and commerce.
The Drachma was adopted as the currency of the Parthian Empire. Coins were usually struck in silver and copper. Each ruler of the Parthian Empire issued their own coins, most struck with Greek and/or Parthian inscriptions.
Drachma coins produced throughout the Parthian period rarely weighed less than 3.5 grams or more than 4.2 grams. The first Parthian tetradrachms weighed around 16 grams with some variation.
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