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Auction 23  30 Nov 2021
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Lot 165

Estimate: 35 000 CHF
Price realized: 60 000 CHF
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SELEUKID KINGS OF SYRIA. Demetrios I Soter, 162-150 BC. Stater (Gold, 18.5 mm, 8.61 g, 9 h), Ekbatana, circa 152. Diademed head of Demetrios to right; in the field to left, star of eight points over Κ. Rev. ΒΑΣΙΛΕΩΣ - ΔΗΜΗΤΡΙΟΥ / ΣΩΤΗΡΟΣ Apollo, nude, seated left on omphalos, testing arrow in his right hand and resting his left on bow to his side; in field to left, horse head to left. CSE 2. HGC 9, 783. SC 1725.2. Extremely rare, one of only two known examples. Well-centered, well-struck and lightly toned: an attractive and impressive coin. Good extremely fine.

From a European collection, ex The New York Sale XL, 11 January 2017, 1123.

Struck in 152 to provide funds against the rise of the pretender Alexander Balas, the gold staters of Demetrius I minted in Ekbatana are today extremely rare. A sign that proves how rapidly they were produced is the fact that their dies were originally made to be used for silver drachms. Normally, if gold coins were issued for less urgent reasons they were struck from specially made dies.
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