EGYPT, Alexandria. Gallienus. AD 253-268. Æ Drachm (27.5mm, 11.00 g, 11h). Dated RY 12 (AD 264/5). Laureate and cuirassed bust right, seen from the front / Eagle standing left, head right, with wreath in its beak, wings closed; L IB (date) to right, palm frond to left. Köln 2926; Dattari (Savio) 5294-6; K&G 90.83; Emmett 3842.12 (R2). Dark brown patina with traces of red and green, some light roughness and minor smoothing. Good VF. Rare.
Ex Phil Peck Collection (Classical Numismatic Group Electronic Auction 472, 15 July 2020), lot 228; Classical Numismatic Group 114 (13 May 2020), lot 534.
This rare issue of drachms by Gallienus was most likely part of a continuing series of coins commemorating his decennalia, which occurred two years prior in AD 263. The diameter and weight of this issue were significantly decreased from the typical Alexandrian drachm of previous reigns.