The New York Sale
Auction 57 10 Jan 2023
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Seleukid Kingdom. Alexander I Balas. Silver Didrachm (6.99 g), 152/1-145 BC. Mint of Tyre, SE 163 (150/49 BC). Diademed head of Alexander I right. Reverse: BAΣIΛEΩΣ AΛEΞANΔPOY, eagle standing left on prow, palm branch behind; to left, club surmounted by Tyre monogram; to right, date (ΓΞP) above AC. SC 1836.1; HGC 9, 885. Very Rare. Lightly toned and struck in high relief. A wonderful coin! Superb Extremely Fine. Estimated Value $2,500 - UP
Alexander I Balas was a pretender to the Seleukid throne who with Ptolemaic support replaced the hated Demetrios I. He was an uninspired ruler, however, leaving the tasks of government to his ministers while he lived frivolously. As a result, the kingdom suffered extensive territorial losses to both the Parthians and Elymaians. In 146 BC, the son of Demetrios I, Demetrios II, advanced into Cilicia at the head of a large army of Cretan mercenaries with the intent of overthrowing the pretender. Ptolemy VI marched north through Koile-Syria in support of Alexander, but in Ptolemaïs the latter attempted to have him assassinated, so he then switched his support to Demetrios II. Ptolemaic agents in Antioch instigated the citizenry to rise up against Alexander, and he fled the city. Within a short time Ptolemy arrived in the capital city, where he was offered but refused the diadem, convincing the reluctant Antiochenes to accept Demetrios II as king.
Alexander I Balas was a pretender to the Seleukid throne who with Ptolemaic support replaced the hated Demetrios I. He was an uninspired ruler, however, leaving the tasks of government to his ministers while he lived frivolously. As a result, the kingdom suffered extensive territorial losses to both the Parthians and Elymaians. In 146 BC, the son of Demetrios I, Demetrios II, advanced into Cilicia at the head of a large army of Cretan mercenaries with the intent of overthrowing the pretender. Ptolemy VI marched north through Koile-Syria in support of Alexander, but in Ptolemaïs the latter attempted to have him assassinated, so he then switched his support to Demetrios II. Ptolemaic agents in Antioch instigated the citizenry to rise up against Alexander, and he fled the city. Within a short time Ptolemy arrived in the capital city, where he was offered but refused the diadem, convincing the reluctant Antiochenes to accept Demetrios II as king.