Drachm In the name of Alexander III, Kolophon

Kolophon, one of the wealthiest cities on the Ionian coast, struck extensively in Alexander's name following his death in 323 BC — authority to do so passing through a succession of competing successors during the Wars of the Diadochi. This particular issue falls within the period when western Asia Minor was contested primarily between Antigonus I Monophthalmus and Lysimachus, and the mint's continued output reflected the practical necessity of keeping armies and trade supplied with reliable silver.

Price 1814 is identified by a specific control mark combination placing it firmly in the post-mortem sequence at Kolophon. The type continued circulating well into the third century, long after the political situation that produced it had dissolved entirely.