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Stater - Philip III In the name of Alexander III, Miletus

Issuer Kingdom of Macedonia
Year 323 BC - 319 BC
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Composition Gold
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Reverse description Nike, the goddess of victory, standing to the left in flowing robes, extending a wreath in her outstretched right hand and holding a stylis (ship's stern ornament) in her left. The field bears two secondary symbols serving as mint or magistrate control marks: a labrys (double-axe) to the right and a grain ear to the left, both identifying this issue as struck at Miletus. The Greek legend ΑΛΕΞΑΝΔΡΟΥ appears in the right field, denoting the royal authority under whose name the coinage was issued.
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Mint Miletus
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Additional information

Struck in the name of Alexander the Great but issued under Philip III Arrhidaeus, Alexander's half-brother and nominal successor, this coin reflects the political fiction maintained after Alexander's death in 323 BC — that continuity of the empire could be preserved through a cognitively disabled figurehead while the Diadochi maneuvered for real power. Miletus, a major Aegean port recaptured from Persian control by Alexander in 334 BC, remained a productive mint into the successor period. Philip III was murdered on Olympias's orders in 319 BC, closing the window for this issue.

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