Oktadrachm - Alexander I

Issuer Kingdom of Macedonia
Year 498 BC - 454 BC
Type Standard circulation coin
Value Octadrachm (8)
Currency Drachm
Composition Silver
Weight 28.59 g
Diameter 29 mm
Thickness
Shape Round (irregular)
Technique Hammered, Incuse
Orientation
Engraver(s)
In circulation to
Reference(s) SNG ANS 8#1, Rosen#117, SNG Lockett#1266
Obverse description Horse standing to the right, its bridle held by a warrior, wearing a petasos and holding two transverse spears, standing to the right behind him
Obverse script
Obverse lettering
Reverse description Quadripartite incuse square
Reverse script
Reverse lettering
Edge
Mint
Mintage ND (498 BC - 454 BC) - -
Numisquare ID 1989931190
Additional information

Historical Context: This silver oktadrachm was issued by Alexander I, ruler of the Kingdom of Macedonia from 498 BC to 454 BC. Known as "Philhellene," Alexander I navigated the complex geopolitical landscape of the Persian Wars, maintaining Macedonian autonomy while expanding its influence. The impressive 28.59 gram denomination suggests its primary function as a vehicle for large-scale transactions, likely for international trade with Greek city-states or for tribute payments, showcasing the growing economic power of the Argead dynasty during a period of significant regional flux.

Artistry: The engraver of this piece remains anonymous, typical for early Greek coinage. Stylistically, the oktadrachm belongs to the Early Classical period, transitioning from Archaic rigidity. Common designs for Alexander I include a horseman, often depicted with a petasos, or a goat/deer. The design would typically be rendered with a powerful, if somewhat stylized, representation of the subject, emphasizing movement and regal authority, often framed by a linear border, with the reverse featuring an incuse square or a simpler emblem.

Technical/Grading: Given its substantial size (29 mm) and weight, this oktadrachm presents specific technical characteristics. High-points for grading would include the details of the horseman's attire and facial features, the horse's musculature and mane, or the animal's horns and fur. Strike quality often varies; while some examples exhibit a full, centered strike, others may show slight off-centering or incomplete flan coverage, common for early large denominations. Metal purity is generally high, but surface preservation and die wear are critical factors in assessing overall condition.

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