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Stater In the name of Alexander III
| Issuer | Sinope (Paphlagonia) |
|---|---|
| Year | 230 BC - 200 BC |
| Type | Standard circulation coin |
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|---|---|
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| Reverse description | Nike, the goddess of victory, standing left in flowing drapery, extending a victor's wreath in her right hand and holding a stylis (naval standard) in her left hand. Her wings are spread prominently, with the primary feathers clearly articulated. In the left field, a star appears above the mint control letters ΣΙ beneath the left wing, and ΦΙ below the right wing, serving as the mint signature of Sinope. The reverse legend ΑΛΕΞΑΝΔΡΟΥ runs along the right field, identifying the issue as struck in the name of Alexander III. |
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| Mint | Sinope, Paphlagonia, modern-day Sinop, Turkey |
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| Additional information |
Sinope was one of the most prosperous Greek colonies on the Black Sea coast, and its decision to strike gold staters in Alexander's name — decades after his death in 323 BC — reflects how thoroughly his monetary system had displaced local traditions across the region. By the early third century, "Alexander coinage" had become effectively a trade currency, and cities like Sinope issued it not out of political allegiance but commercial necessity.
Price 1540 places this issue firmly in the posthumous series. The Sinope mint operated intermittently, and its Alexander staters are considerably scarcer than those from the major Macedonian mints.