Drachm In the name of Alexander III, Miletos

Post-Alexander civic issues struck at Miletos occupy an awkward historical position — produced decades after Alexander's death, they invoke his name and types not as tribute but as a practical currency guarantee, the Alexander brand carrying more commercial trust in Ionian markets than any successor's own coinage could muster. Miletos had been liberated from Persian control by Alexander in 334 BC after a siege, and the mint's eventual adoption of his types reflects both civic memory and mercantile calculation.

Price 2151 is attributable to the Milesian mint by magistrate monograms and control marks specific to that workshop, documented in Sunrise 154.