*Kings of Macedon, Alexander I (495-454 BC), octadrachm, c. 480-476 BC, warrior on horseback right, wearing chlamys and petasos and holding two spears in right hand; below the horse, an outsized frog, rev., ΑΛΕ-ΞΑ-ΝΔ-ΡΟ arranged in frame around four-part linear square, 27.88g (Raymond group I, p. 78, 4 = Hunterian I, p. 283, 2), reverse weakly struck, very fine and an extremely rare variety This variety with the outsized frog below the horse is apparently only known in one other specimen - that in the Hunter collection which, however, is struck from different dies to the present coin. The significance of a frog as a symbol on this coinage, the earliest in the name of the king, is uncertain. The symbol of a leaping hound in front of the horse is found on another die from this series but otherwise the coinage is without symbols.
Estimate: £12,000 - 15000