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Research Coins: Feature Auction

 
Sale: CNG 67, Lot: 555. Estimate $10000. 
Closing Date: Wednesday, 22 September 2004. 
Sold For $15000. This amount does not include the buyer’s fee.

EUBOEA, Karystos. Revolt of Ptolemaios. Circa 313 BC. AV Drachm (3.58 gm). Head of Herakles right, wearing lion's skin headdress / KAPY, bull recumbent left; trident above, club below. Cf. Melville Jones, "The Date of the Gold Drachma of Carystus," NumChron 1980, pp. 28-32; BCD 573 (same dies); BMC Central Greece 17; Jameson 2066. Near EF. Great rarity in Greek gold; 12 known (9 known to Melville Jones with 5 in museums). ($10,000)

Ex BCD Collection (sold privately); Spink Taisei-Zürich 36 (16 April, 1991), lot 18.

During the War of the Diadochs (315-311 BC), Antiogonos I Monophthalmos sent his nephew Ptolemaios to Greece, where he formed an alliance with anti-Macedonian factions in various city-states. Ptolemaios was successful in uniting these factions into a single revolt against Kassander, and effectively wrested most of Greece from Macedonian control. His effort began in Boiotia and Euboia, where this particular coinage was struck, likely to help finance the anti-Macedonian cause. The actions of Ptolemaios and his mercenaries succeeded in tieing-up Kassander’s forces during this war, and enabled Antigonos to focus his own efforts against the other Diadochoi allied against him.