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Research Coins: Affiliated Auction

 
Sale: Nomos 9, Lot: 86. Estimate CHF10000. 
Closing Date: Monday, 20 October 2014. 
Sold For CHF15000. This amount does not include the buyer’s fee.

KINGS of MACEDON. Philip II, 359-336 BC. Stater (Gold, 16mm, 8.58 g 11), Kolophon, struck under Philip III, BC 323-317, but probably before 319. Laureate head of Apollo to right, with the features of Alexander III. Rev. ΦΙΛΙΠΠΟΥ Charioteer driving galloping biga to right, holding the reins in his left hand and a goad with his right; below right, tripod. Le Rider pl. 93, 26. SNG Alpha Bank 260. Thompson Philip p. 58 and pl. VI, 12. A splendid coin with a fine portrait. Some minor scuffs and a minor scratch on the reverse, otherwise, sharp, lustrous and, good extremely fine.


From an American collection.

This issue, struck in Kolophon and in Magnesia from a single obverse die that was used by both mints, was produced during the short reign of Philip III Arrhidaios and is one of the most exciting of all the posthumous staters in the name of Philip II. The head on this coin is clearly that of a real person, not just an ideal head that was designed to represent Apollo; the features are so distinctive, in fact, that it has been identified as a true portrait of Alexander III. Why this should have happened when and where it did is unknown, but the coin’s beauty and importance has made it one of the most desirable of all the gold staters struck in the name of Philip II.