Watch List notes:

Seleukid Kingdom. Seleukos I Nikator. Silver Tetradrachm (17.01 g), 312-281 BC. Susa, ca. 305/4-294 BC. Head of hero (Alexander or Seleukos?) right, wearing helmet covered with panther's skin and adorned with ear and horns of a bull. Reverse: , Nike standing right, crowning trophy with wreath; below left wing, monogram; in field between Nike and trophy, . SC 173.13; Kritt, Early Tr.91; HGC 9, 20. A marvelous example boldly struck in high relief. Nicely toned. Extremely Fine. It is readily apparent that the reverse design of this coin, showing Nike placing a wreath upon a trophy commemorates recent victories by Seleukos in the Upper Satrapies and his assumption of the royal title in 305 BC. What is less certain is the identification of the head on the obverse. Hadley argues for an assimilation of Alexander the Great with Dionysos, while Hoover sees a portrait of Seleukos himself, with the divine attributes of Dionysos. For full discussion, see R. A. Hadley, "Seleucus, Dionysus, or Alexander?" NC 1974, pp. 9-13, and Oliver D. Hoover, "The identity of the helmeted head on the Victory coinage of Susa," SNR 81, 2002, pp. 51-60. Estimated Value $7,500 - 10,000