BAKTRIA, Indo-Greek Kingdom. Philoxenos Aniketos. Circa 125-110 BC. AR Tetradrachm (28mm, 9.57 g, 12h). BAΣIΛEΩΣ ANIKHTOY ΦIΛOΞENOY, diademed heroic bust left, seen from behind, wearing aegis and brandishing spear in right hand / maharajasa apadihatasa philasinasa in Kharosthi, Philoxenos, in military attire, on horse rearing right on ground line; Σ and monogram below. Bopearachchi 7A and pl. 44, B = Spink 65, lot 111 (same dies); Bopearachchi & Rahman –; SNG ANS –; MIG –; HGC 12, 269 = CNG 72, lot 1049; Zeno – . In NGC encapsulation 2851084-002, graded Ch XF, Strike: 4/5, Surface: 4/5. Extremely rare, only three examples in CoinArchives.
From the Melinda Collection. Reportedly ex Menlo Park Collection, purchased from Frank Kovacs, 1998.
Like most Indo-Greek rulers, Philoxenos "The Invincible" is unknown to history aside from his coinage. He struck extremely rare coins on the Attic standard and a much larger bilingual issue on the reduced Indian standard; these are found primarily in the Punjab and Gandhara, where his reign seems to have been centered. The scarcity of his coinage indicates his reign must have been brief. Bopearachchi dates his reign to circa 100-95 BC; HGC 9 dates it somewhat earlier, 125-110 BC. The obverse of this rare issue is clearly modeled on the great "heroic" tetradrachms of Eukratides, with the addition of an elaborate aegis over his lead shoulder.