★ Very rare and in exceptional condition for the issue ★

KINGS OF COMMAGENE. Mithradates III (?), circa 20-12 BC. AE (Bronze, 17 mm, 5.00 g, 5 h). Crab. Rev. BA•ME / M•TOY /•M• in three lines. Alram 249. Kovacs p. 42, note 45. Very rare and in exceptional condition for the issue. Slightly rough, otherwise, about extremely fine.

From an important collection of Armenian coins.

While Alram attributes this issue to Mithradates III, Kovacs notes: 'Alram 249, coin with crab obverse and BA•ME/M•TOY/•M• reverse, is probably an issue of Carrhae for another king (Kovacs, forthcoming)'. Pending Kovacs' publication, we do follow Alram's traditional attribution here.