Classical Numismatic Group, LLC
Electronic Auction 397 17 May 2017
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PTOLEMAIC KINGS of EGYPT. Ptolemy I Soter. As satrap, 323-305 BC. AV Stater (18mm, 8.55 g, 12h). In the name and types of Alexander III of Macedon. Memphis or Alexandreia mint. Struck circa 323/2-317/1 BC. Head of Athena right, wearing crested Corinthian helmet decorated with coiled serpent / Nike standing left, holding wreath in extended right hand and cradling stylis in left arm; in left field, ram's head right, wearing anedjty-crown, symbolizing Amun-Re; [monogram below left wing]. Svoronos 5; Zervos Issue 73; Price 3963; SNG Copenhagen (Macedon) 642; NGSA 7, lot 175 (same dies). Good VF.
This coin is from one of the earliest gold issues of Ptolemy I. The symbol on the reverse has conventionally thought to represent the Egyptian diety Khnum, but a recent study has convincingly shown that it is, in fact, meant to represent the sun-god Amun-Re (see K. Sheedy and B. Ockinga, "The Crowned Ram's Head on Coins of Alexander the Great and the Rule of Ptolemy as Satrap of Egypt" in P. Wheatly and E. Baynham, eds., East and West in the World Empire of Alexander. Essays in Honour of Brian Bosworth [Oxford: Oxford UP, 2015], pp. 197–239).
This coin is from one of the earliest gold issues of Ptolemy I. The symbol on the reverse has conventionally thought to represent the Egyptian diety Khnum, but a recent study has convincingly shown that it is, in fact, meant to represent the sun-god Amun-Re (see K. Sheedy and B. Ockinga, "The Crowned Ram's Head on Coins of Alexander the Great and the Rule of Ptolemy as Satrap of Egypt" in P. Wheatly and E. Baynham, eds., East and West in the World Empire of Alexander. Essays in Honour of Brian Bosworth [Oxford: Oxford UP, 2015], pp. 197–239).