Roma Numismatics Ltd
Auction X 27 September 2015
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Macedon, Chalkidian League AR Tetradrachm. Olynthos, circa 390 BC. Laureate head of Apollo right / Kithara of seven strings, XAΛKIΔEΩN around; all within incuse square. Cf. Robinson & Clement Group F, 9 (A8/P-; unpublished reverse die); SNG ANS 470 (same obverse die). 14.45g, 24mm, 9h.
Good Extremely Fine. Attractively toned.
From the Ambrose Collection.
In 393 BC the king of Macedon Amyntas III was driven out by Illyrians. Amyntas transferred control of some of his territories to Olynthos during this period, and when in the following year he recovered his throne with the assistance of the Thessalians, these territories were restored to him. In order to counter the threat of the Illyrians, Amyntas established an alliance with Olynthos, granting them trade rights to Macedonian timber in exchange for their support. This timber was sold to Athens to rebuild their fleet, and with Athenian silver flowing north to Olynthos, the Chalkidian League gradually grew in wealth and power.
Good Extremely Fine. Attractively toned.
From the Ambrose Collection.
In 393 BC the king of Macedon Amyntas III was driven out by Illyrians. Amyntas transferred control of some of his territories to Olynthos during this period, and when in the following year he recovered his throne with the assistance of the Thessalians, these territories were restored to him. In order to counter the threat of the Illyrians, Amyntas established an alliance with Olynthos, granting them trade rights to Macedonian timber in exchange for their support. This timber was sold to Athens to rebuild their fleet, and with Athenian silver flowing north to Olynthos, the Chalkidian League gradually grew in wealth and power.