Tetradrachm In the name of Alexander III, Pella

Struck at Pella, the Macedonian royal capital, during the turbulent regency period following Alexander's death in 323 BC. By 315, the mint was operating under Cassander, who controlled Macedonia while simultaneously fighting the Wars of the Diadochi against Antigonus, Lysimachus, and Ptolemy. Issuing coinage in Alexander's name rather than his own was a deliberate political move — Cassander lacked the prestige to strike under his personal authority while his grip on power remained contested.

Price 256 falls within a well-documented Pella sequence distinguishable by specific control marks. The type continued circulating across the eastern Mediterranean for decades after minting, as Alexander-type tetradrachms had effectively become the international trade currency of the Hellenistic world.