Watch List notes:

Kingdom of Macedon, Alexander III 'the Great' AR Tetradrachm. Struck under Kalas or Demarchos. Lampsakos, circa 328-323 BC. Head of Herakles to right, wearing lion skin headdress / Zeus Aëtophoros seated to left, holding sceptre; AΛΕΞΑΝΔΡΟΥ to right, Demeter holding two lit torches in left field, monogram below throne. Price 1351; Müller 399. 17.38g, 25mm, 12h.

Good Very Fine; attractive light cabinet tone with underlying lustre. Very Rare; only six specimens cited by PELLA and no other examples on CoinArchives.

From a private Scandinavian collection.