PTOLEMAIC KINGS OF EGYPT. Ptolemy I Soter. As satrap (323-305 B.C.) or king (305-282 B.C.) AR tetradrachm. 15.76 gm. 29 mm. In the name of Alexander III 'the Great' of Macedon. First reduced standard. Alexandria mint. Struck circa 306-300 B.C. Horned head of the deified Alexander right, wearing elephant skin headdress; small Δ (artist's signature) in scales on aegis, additional small Δ (die break?) behind head / Athena Alkidemos advancing right, holding shield and spear; Corinthian helmet, monogram, and eagle standing on thunderbolt to right, ΑΛΕΞΑΝΔΡΟΥ to left. CPE 70. Svoronos 164. Zervos Issue 29. Good Extremely Fine; well centered and sharply struck with beautiful old iridescent tone; hairline die break from ear to back of neck, and behind crown of head on obverse; hairline die break on reverse to right of shield. Exceptional quality.

Ex Davissons Auction 24 (8 December 2005) lot 148 ($2200)Ex CNG Auction 43 (24 September 1997) lot 880 ($1015).