Skip to main content
Go to accessibility notice

    Description

    Gorgeous Alexander Distater

    MACEDONIAN KINGDOM. Alexander III the Great (336-323 BC). AV distater (22mm, 17.22 gm, 12h).  Lifetime issue of Aegae or Amphipolis, ca. 325-323 BC. Head of Athena right, with crested Corinthian helmet pushed back on head, the bowl decorated with coiled serpent, her hair in corkscrew curls, wearing single-pendant earring and two necklaces / AΛEΞANΔPOY, Nike standing left, wearing peplos, holding wreath in extended right hand and cradling stylis in left arm; vertical thunderbolt in left field, ΛO monogram below left wing. Price 191. Troxell, Studies, Group B. Noe, Sicyon, 7 (same obverse die). SNG Alpha Bank 31 (same obverse die). Gulbenkian 843. A gorgeous example of this impressive coinage, struck in high relief on a broad flan, with lovely surfaces and lustrous fields, lacking the usual wear, scratches and scuffs usually found on this type. NGC MS? 5/5 - 5/5, Fine Style.

    From a Northern California Collection. Purchased from Freeman & Sear, Fall 2002. 

    Alexander the Great's conquest of the Persian Empire "liberated" vast stores of gold and silver that had been locked away for centuries in the Great King's treasuries in Sardes, Susa, Persepolis and Babylon. At the beginning of his reign in 336 BC, the Macedonian Kingdom was reportedly in debt to the tune of 500 silver talents (a talent being 6,000 silver drachms and a "king's ransom" in earliest Greek times). To give an idea of the vast loot his conquests amassed, at Susa alone Alexander seized 50,000 talents of silver and 40,000 of gold. This huge intake of bullion resulted in hitherto unseen denominations such as the gold distater, tariffed at two staters and ten silver tetradrachms, about 20 day's wages for a Macedonian soldier during wartime. The distater was likely employed to pay off many of Alexander's veteran soldiers, who were rewarded for their labors with the equivalent of a silver talent. With the new denomination, a talent could be paid out as 120 gold distaters. Despite their size and enormous buying power, gold distaters evidently circulated heavily, for most specimens found today display considerable wear and numerous contact marks. This beautiful Mint State example, with virtually pristine surfaces, is thus highly exceptional. 




    Auction Info

    Auction Dates
    August, 2015
    13th Thursday
    Bids + Registered Phone Bidders: 18
    Lot Tracking Activity: N/A
    Page Views: 3,080

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 5 days left to consign to the 2020 April 22 - 27 Central States World Coins Signature Auction - Chicago!

    Learn about consigning with us

    I have never been disappointed with your customer service & have been a Heritage customer for approximately 20 years
    Monte R.,
    Alexandria, VA
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2020 January 15 Classic Silver and Gold Commemoratives US Coins Monthly Online Auction
    2020 January 15 Classic Silver and Gold Commemoratives US Coins Monthly Online Auction
    REALIZED $122,082
    2020 February 9 A Special Collection of Frankfurt Coins World Coins Monthly Online Auction
    2020 February 9 A Special Collection of Frankfurt Coins World Coins Monthly Online Auction
    REALIZED $55,978.00
    2020 January 9 - 13 FUN World Paper Money Signature Auction - Orlando
    2020 January 9 - 13 FUN World Paper Money Signature Auction - Orlando
    REALIZED $1,741,136