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Roma Numismatics Ltd
Auction XX  29-30 Oct 2020
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Lot 309

Estimate: 10 000 GBP
Price realized: 6500 GBP
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Seleukid Empire, Demetrios I Soter, with Laodike IV, AR Tetradrachm. Seleukia on the Tigris, 161-150 BC. Jugate busts of Demetrios, diademed, and Laodike, draped and wearing stephane, right within fillet border / [Β]ΑΣΙΛΕΩΣ ΔΗΜΗΤΡΙΟY ΣΩΤΗΡΟΣ, Tyche seated left on backless throne supported by wreath-bearing Nike, holding short sceptre and cornucopiae; PH monogram and palm branch to outer left, all within [dotted border]. SC 1689.1; HGC 9, 799. 16.20g, 28mm, 12h.

Extremely Fine; attractive cabinet tone. Extremely Rare; the best preserved example offered at auction in the past two decades by a very considerable margin, superior to both NAC 100, lot 167 (CHF 15,000) and NAC 78, lot 329 (CHF 18,000).

Acquired from Heritage World Coin Auctions.

The jugate busts of Demetrios I and Laodike displayed on the obverse of this coin explain why tetradrachms of this type were sometimes referred to as 'marriage' tetradrachms. The time and location that these coins were minted is significant. The mint in Seleukeia-on-the-Tigris only started to mint coins for Demetrios and his wife after the defeat of Timarchos in 161 BC. Timarchos, a Greek nobleman who was appointed as satrap to Media under the reign of Antiochos IV, took advantage of the confusion which marked the death of Antiochos in 164 BC and the subsequent instating of a new ruler, to take full control of his region. He declared himself king of Media and nearby Babylonia in 162 BC, the same year that Demetrios took his rightful place on the Seleukid throne. Demetrios made deposing the unlawful despot a priority upon coming to power and defeated Timarchos' troops in 161 BC. Given the prominence of Laodike on the coinage of this period, Seleukid Coins (Houghton, Lorber & Hoover, 2008) suggests that her marriage to Demetrios took place in Seleukeia swiftly after the defeat of Timarchos and these commemorative coins marked a celebration of the lawful king over an area so recently ruled by a usurper.
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