Drachm - Lysimachus In the name of Alexander III, Ephesos

Lysimachus struck these posthumous Alexanders from Ephesos as a political instrument: by continuing Alexander's coinage types rather than introducing his own portrait, he maintained trade continuity across a fractious Aegean economy while the Diadochi wars were still very much unresolved. Ephesos was a high-output mint under his control, and Price 1877 places this issue within a well-documented sequence. The specific reverse die linking within Müller's corpus suggests concentrated production over a short window rather than steady long-term output.