1 Drachm - Anonymous Alexander Imitation, Kashkadarya

The Kashkadarya Valley — ancient Nautaka, a region of what is now southern Uzbekistan — produced a long series of anonymous imitations of Alexander III tetradrachms and fractions that continued circulating centuries after the Macedonian prototype had ceased to mean anything politically. These local silver pieces served the practical needs of an economy that had absorbed Greek monetary conventions through Seleucid and Greco-Bactrian intermediaries without ever quite being part of those states. The extreme date range reflects genuine scholarly uncertainty: die studies have not yet produced a tight chronology, and the types blur across generations of local authority.