Tetradrachm In the name of Alexander III

By the late third and early second century BC, the so-called "posthumous" Alexander tetradrachms had become the dominant international trade currency across the eastern Mediterranean, and Ephesos was among the most prolific issuing authorities. These coins were struck not to honor Alexander's memory in any sentimental sense but because the type had achieved such widespread commercial acceptance that departing from it would have disrupted trade. Ephesos controlled a critical Aegean port and had every incentive to keep its coinage interchangeable with issues from dozens of other mints.

The Müller 1024 reference places this piece within a well-catalogued die study, though attributions to specific Ephesian magistrates for this decade remain debated among specialists.