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Drachm - Ptolemy II
| Issuer | Ptolemaic Kingdom |
|---|---|
| Year | 260 BC - 246 BC |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
| Shape | Round (irregular) |
| Technique | Log in to see details |
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| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Greek |
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| Edge | Log in to see details |
| Mint | Log in to see details |
| Mintage | ND (260 BC - 246 BC) A - - ND (260 BC - 246 BC) B - - ND (260 BC - 246 BC) E - - ND (260 BC - 246 BC) I - - ND (260 BC - 246 BC) P - - ND (260 BC - 246 BC) T - - ND (260 BC - 246 BC) X - - ND (260 BC - 246 BC) Δ - - ND (260 BC - 246 BC) Θ - - ND (260 BC - 246 BC) Λ - - |
| Additional information |
Ptolemy II Philadelphus inherited a monetized economy from his father but made a decisive break by closing Egypt to foreign coinage — all silver and gold entering the kingdom had to be exchanged for Ptolemaic issues at royal exchange offices. Bronze denominations like this one were the workhorse of that closed system, circulating internally while the silver stayed tightly controlled. The policy generated significant revenue through exchange fees and locked Egypt's economy into a self-contained monetary loop unlike anything operating in the contemporary Hellenistic world.