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Research Coins: Electronic Auction

292, Lot: 88. Estimate $500.
Sold for $900. This amount does not include the buyer’s fee.

THESSALY, Larissa. Circa 370-360 BC. AR Drachm (20mm, 5.94 g, 1h). AΛEY upward to right, head of Aleuas facing slightly left, wearing conical helmet with ear flaps, decorated with wings and held on his head by a cord tied below his chin; double-axe to right / ΛAPIΣAIA downward to right, EΛΛA downward to left, eagle with closed wings standing left on thunderbolt, head to right. Lorber, Thessalian pl. 45, 94; BCD Thessaly II 185; BCD Thessaly I 1135 (all from the same dies). VF, toned. Rare.

From the BCD Collection.

A note from BCD from the Triton sale: “It is well known that the Aleuas drachms were struck from a single pair of dies. The issue therefore must have been rather special and produced on a specific occasion. There are still unresolved differences of opinion concerning the exact date of issue and the purpose of this puzzling coin. This writer, believing that we should also take into account the possibility that such an extraordinary issue was hoarded more than the other types of coin in circulation, thus displaying less wear for a given period of time, suggests a date of minting circa 360 BC or even a little earlier.”