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Kingdom of Macedon.
Alexander III Argead (“Alexander the Great”), 336–323 BC.
Early posthumous issue under the Diadochi. Kolophon, ca. 310–301 BC.
Silver Drachm (AR), in the name and types of Alexander III.
Obverse: Head of Herakles right, wearing lion-skin headdress.
Reverse: Zeus Aëtophoros seated left, holding eagle and scepter; ΑΛΕΞΑΝΔΡΟΥ downward right. Control marks: N in left field, B below throne.
References: Price 1800.
Metal: silver (AR).
Weight: ~4.22 g.
Diameter: ~17 mm.
Grade: VF, noted brushed (light surface cleaning).
Patina: attractive silver-gray toning with natural cabinet tone on relief.
Rarity: scarce early posthumous issue; not frequently encountered in trade.
Certification: NGC Ancients.
Historical note:
Alexander III Argead, known as Alexander the Great, ruled Macedon from 336 to 323 BC and forged the largest empire of the ancient world up to that time. His monetary system, particularly the silver drachm with Herakles and Zeus, became the backbone of Hellenistic commerce. After Alexander’s death, his successors (the Diadochi) continued to strike coins in his name to legitimize their authority. This coin represents an early posthumous drachm, likely struck at Kolophon in Asia Minor under Antigonos I Monophthalmos.