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Sovereign Rarities Ltd
Auction 7  21 Sep 2022
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Lot 148

Starting price: 22 400 GBP
Price realized: 44 000 GBP
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Ch AU | Kingdom of Macedon, Alexander III, The Great (336-323 BC), gold Distater, lifetime-early posthumous issue, Amphipolis mint, c.336-320 BC, Athena facing right, wearing crested Corinthian helmet decorated with serpent, rev. AΛEΞANΔPOY, Nike standing left, holding wreath and stylis, cantharus on left, 17.71g., 10h (Price 167c; Müller 192). Toned over rich lustre, a superb piece, graded by NGC as Ch XF, 5/5 3/5, edge marks.

NGC Certification 6380505-001.

Provenance:
Ex. J. Desneux, Hess-Leu 49, 27-28 April 1971, lot 128

Introduced as a new denomination during Alexander's reign in order to tackle the huge influx of bullion from his conquests, the Distater was likely used as payment for high-status soldiers in the Macedonian army.
Estimate: £28,000-32,000
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