Skip to main content
Go to accessibility notice

    Description

    Alexander's Golden Haul

    MACEDONIAN KINGDOM. Alexander III the Great (336-323 BC). AV distater (22mm, 17.20 gm, 2h). NGC AU ★ , 5/5 - 5/5. Lifetime issue of Amphipolis, 325-323 BC. Head of Athena right, wearing triple crested Corinthian helmet decorated with coiled serpent / ΑΛΕΞΑΝΔΡΟΥ, Nike standing left, holding wreath in outstretched right hand and stylis over left shoulder, thunderbolt in left field, A-O monogram under left wing. Price 191a. Müller 1. Troxell Studies, Group B. Gulbenkian 843.  Boldly struck on a broad flan. A few hairlines in reverse fields, otherwise perfectly centered and deeply struck on a broad, round flan, and highly impressive.

    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 example, graded AU by NGC, is free from such marks and is thus in the top 5% of surviving specimens. 




    Shipping, Taxes, Terms and Bidding
    Calculate Standard Domestic Shipping

    Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    World and Ancient Coin Bibliography

    Auction Info

    Auction Dates
    January, 2018
    7th-8th Sunday-Monday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 976

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) 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 8 days left to consign to the 2018 July 12 - 16 Summer FUN US Coins Signature Auction - Orlando !

    Learn about consigning with us

    When it came to selling my coin collection I decided they were my first and only choice. They never disappoint. Excellent prices when selling through their auctions and you don’t even have to put any reserves on any coins. Simply the biggest company but more importantly the best. Consign with Heritage when you're ready to sell.
    Albert A.,
    Brooklyn, NY
    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

    2018 April 25 - 29 CSNS US Coins Signature Auction - Chicago
    2018 April 25 - 29 CSNS US Coins Signature Auction - Chicago
    REALIZED $20,943,061
    2018 April 20 - 23 CCE World Coins Signature Auction - Chicago
    2018 April 20 - 23 CCE World Coins Signature Auction - Chicago
    REALIZED $8,516,285
    2018 April 26 - 30 CSNS World Currency Signature Auction - Chicago
    2018 April 26 - 30 CSNS World Currency Signature Auction - Chicago
    REALIZED $946,953