Tetradrachm In the name of Alexander III, Pella

These issues were struck at Pella, the Macedonian royal capital, during and immediately after Alexander's lifetime — a period when his eastern campaigns had flooded the treasury with Achaemenid bullion looted from Persepolis and Susa. The sheer volume of silver available drove an unprecedented minting output across dozens of royal and allied mints simultaneously. Price 206 falls within the earliest Pella sequence, attributed through die study to the period bracketing Alexander's death in 323 BC, meaning some specimens in this range were struck before that event and others after — the coin itself predates the succession wars that would fracture the empire within a decade.