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Long Beach Signature Sale 3067  6-7 Sep 2018
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Lot 30059

Estimate: 600 USD
Price realized: 420 USD
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Ancients
MACEDONIAN KINGDOM. Alexander III the Great (336-323 BC). AR tetradrachm (25mm, 16.89 gm, 12h). NGC XF 5/5 - 2/5, Fine Style, graffiti.  Early Ptolemaic issue of Memphis (or Alexandria), under Ptolemy I Soter, as satrap, ca. 323/2-317/1 BC. Head of Heracles right, wearing lion skin headdress, paws tied before neck / ΑΛΕΞΑΝΔΡΟΥ, Zeus enthroned left, right leg drawn back, feet on stool, eagle in right hand, scepter in left; rose in left field, ΔI-O beneath strut and in inner right field. Price 3971. Struck from dies of wonderful style.

From the Collection of a Philhellene. Ex Classical Numismatic Group, Auction 41 (19 March 1997), lot 1052, with tag.

Among his early conquests, Alexander recognized the vast potential of Egypt and initiated construction of a new capital, Alexandria, that would quickly become the greatest city of the Hellenistic world. A mint was also set up at the former Egyptian capital of Memphis to produce coins to pay his army. The new mint employed at least one die engraver of exceptional talent, who later moved on the new mint established at Alexandria shortly after the conqueror's death. The silver tetradrachms from Memphis (possibly continuing after the transfer to Alexandria) are now recognized as some of the most beautiful coins produced anywhere in the vast Macedonian Empire. 

HID02901242017

Estimate: 600-800 USD
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