Stater - Antigonus I In the name of Alexander III, Babylon

Antigonus I Monophthalmus — "the One-Eyed" — controlled Babylon during this period while maneuvering against the other Diadochi in the wars that followed Alexander's death in 323 BC. Issuing coinage in Alexander's name rather than his own was a deliberate political calculation: it projected legitimacy and continuity at a moment when no single successor had yet consolidated enough power to strike in his own right without inviting immediate challenge.

Price 3736 places this issue firmly within the Babylonian sequence identifiable by specific control marks. Antigonus abandoned the pretense entirely after Ipsus became inevitable — his son Demetrius would eventually strike in his own name from the same mint.