Alexander III struck bronze coinage primarily to pay for local transactions in the territories he was actively conquering — silver and gold served the army, bronze served the markets. The chalkon denomination sat at the bottom of the bronze hierarchy, and issues attributable to his reign are complicated by the fact that many mints under Macedonian control continued striking identical types well after his death in 323 BC, making precise dating of individual specimens genuinely difficult.
Price 322 places this among the lifetime issues, though the attribution rests heavily on die-linkage studies rather than findspot evidence alone.
Alexander III struck bronze coinage primarily to pay for local transactions in the territories he was actively conquering — silver and gold served the army, bronze served the markets. The chalkon denomination sat at the bottom of the bronze hierarchy, and issues attributable to his reign are complicated by the fact that many mints under Macedonian control continued striking identical types well after his death in 323 BC, making precise dating of individual specimens genuinely difficult.
Price 322 places this among the lifetime issues, though the attribution rests heavily on die-linkage studies rather than findspot evidence alone.