Struck at Pella in the opening years of Alexander's reign, this hemistater belongs to a transitional series issued under Alexander's name but continuing the coinage type established by his father Philip II — a deliberate act of monetary continuity designed to maintain confidence during the transfer of power following Philip's assassination in 336 BC. Le Rider's meticulous die study placed these early emissions firmly before the Persian campaign, making them among the last Macedonian gold struck before the flood of Achaemenid bullion reshaped the entire coinage program after Issus and Gaugamela.
Struck at Pella in the opening years of Alexander's reign, this hemistater belongs to a transitional series issued under Alexander's name but continuing the coinage type established by his father Philip II — a deliberate act of monetary continuity designed to maintain confidence during the transfer of power following Philip's assassination in 336 BC. Le Rider's meticulous die study placed these early emissions firmly before the Persian campaign, making them among the last Macedonian gold struck before the flood of Achaemenid bullion reshaped the entire coinage program after Issus and Gaugamela.