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    Description

    Alexander Distater

    Macedonian Kingdom. Alexander III The Great. 336-323 BC. Gold distater, 17.08g (11h). Amphipolis, c. 330-320 BC. Obv: Helmeted head of Athena right. Rx: ΑΛΕΞΑΝΔΡΟΥ Nike standing left, holding wreath and stylis, trident head in left field. Price 171. Struck in extremely high relief. A few minor surface marks, otherwise EF.

    In c. 330 BC, the sheer volume of gold bullion 'liberated' from the Persian treasury prompted Alexander to strike the largest Greek gold coin issued to that time, the gold distater. Valued at 50 silver drachms, it 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 (6,000 drachms). With the new denomination, a talent could be paid out as 120 gold distaters.


    Auction Info

    Auction Dates
    April, 2011
    14th Thursday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
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