SASANIAN KINGDOM: Hormizd IV, 579-590, AR drachm, BHL (Balkh), year 11, G-200, rare mint, some weakness, bold mint & date, EF, RR. This is an actual Hormizd coin of Balkh, clear by the style and calligraphy, not the Tokharistan region imitations, which are almost always countermarked.
Estimate: 80-120 USD