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Drachm In the name of Alexander III, Magnesia

Issuer Kingdom of Macedonia
Year 323 BC - 319 BC
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Value Drachm (1)
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Reverse description Zeus Aëtophoros enthroned left, his body nude to the waist and draped below, seated upon a high-backed throne with ornate legs. His outstretched right hand holds an eagle perched with wings spread, while his left hand rests upon a long upright sceptre. In the left field, a ivy leaf or flower symbol. The legend ΑΛΕΞΑΝΔΡΟΥ runs downward along the right field. The entire design is enclosed within a beaded border.
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Mint Magnesia ad Maeandrum
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Additional information

Struck at Magnesia ad Maeandrum in the immediate aftermath of Alexander's death in 323 BC, this issue belongs to the chaotic interregnum when his generals still nominally struck coinage in his name while carving up the empire. Magnesia was one of several western Anatolian mints that continued producing Alexander-type drachms under Macedonian authority — or the pretense of it — during the wars of the Diadochi.

Price 1936 places this emission within a tightly defined die study. The Magnesia mint is distinguished from contemporaneous issues by specific symbol placements catalogued by Martin Price in his 1991 corpus.

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