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Heritage World Coin Auctions
NYINC Signature Sale 3044  3-4 January 2016
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Lot 29924

Estimate: 800 USD
Price realized: 700 USD
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Ancients
MACEDONIAN KINGDOM. Alexander III the Great (336-323 BC). AR tetradrachm (27mm, 16.95 gm, 10h). Posthumous issue of Babylon, under Antigonus I and Peithon, ca. 315-311 BC. Head of Heracles right, wearing lion skin headdress / BAΣIΛEΩΣ AΛEΞANΔPOY, Zeus seated left, holding eagle and scepter; monogram in wreath in left field, monogram below throne. Price 3734 variant (no pellet within P of left field monogram). Evidently an extremely rare variety! NGC AU 4/5 - 4/5, Fine Style. Peithon was originally one of Alexander the Great's bodyguards. At a conclave of generals following the conqueror's death, Peithon was appointed Satrap (or governor) of the important province of Media, containing Babylon. During the early Wars of the Diadochi (322-281 BC), Peithon was a major player and could easily have ended up alongside Ptolemy, Seleucus and Cassander as ruler of a major successor kingdom; however he was betrayed by his erstwhile ally Antigonus Monopthalmus and executed, probably early in 314 BC.

Estimate: 800-1100 USD
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