Drachm In the name of Alexander III, Lampsacus

Struck at Lampsacus on the Hellespont, this posthumous issue was produced well after Alexander's death in 323 BC under one of the successor regimes competing to control the strategically vital mint city. Lampsacus changed hands repeatedly during the Wars of the Diadochi — passing through the spheres of Antigonus and Lysimachus — and continued striking in Alexander's name partly as a political statement of legitimacy, since the coinage type carried immediate commercial acceptance across the eastern Mediterranean world.

Price 1389 belongs to a well-documented Lampsacene posthumous group. The city itself was eventually absorbed firmly into Lysimachus's domain by around 301 BC, the year conventionally used to close this series.