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Heritage World Coin Auctions
ANA Signature Sale 3048  11 August 2016
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Lot 32046

Estimate: 50 000 USD
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Ancients
PERSIA. Babylon, under Alexander and successors (ca. 328-311 BC). AV double daric (18mm, 16.65 gm, 12h). Struck under satrap Stamenes or Seleucus Nicator, circa 328-311 BC. Φ - Λ , Persian Great King in kneeling-running stance right, wearing kidaris and kandys, quiver over shoulder, holding spear in right hand, bow in left / Patterned oblong incuse punch. Nicolet-Pierre 7 (same obverse die). BMC 3 (same obverse die). Rare! NGC MS★ 5/5 - 4/5. From the Dr. Lawrence A. Adams Collection (Triton XIX, 5 January 2016), lot 2074; Triton XVIII (6 January 2015), lot 771.This extraordinary and large gold piece has been provisionally dated to the transition period between the conquest and consolidation of Alexander the Great's great Eastern Empire. During this time Alexander employed many of the same provincial rulers, or satraps, who had previously served the Persian King Darius II in the same capacity. Stamenes, satrap of Babylon, was among them; after his death in around 323 BC, his place was taken by the Macedonian general Seleucus, who went on to found his own Eastern kingdom. The design is clearly based on the familiar Persian running archer/ king motif, but the weight is double that of a normal gold daric, testament to the enormous stocks of bullion found in the Persian treasury.

Estimate: 50000-60000 USD
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