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CNG Feature Auction 129

Lot nuber 97

KINGS of MACEDON. Alexander I. 498-454 BC. AR Triple Stater – “Oktadrachm” (34mm, 28.40 g). Aigai mint. Struck circa 492-480/79 BC. Good VF.


CNG Feature Auction 129
Lot: 97.

Closing Date: May 14 2025 11:00 ET

Greek, Silver

Estimate: $ 7 500

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KINGS of MACEDON. Alexander I. 498-454 BC. AR Triple Stater – “Oktadrachm” (34mm, 28.40 g). Aigai mint. Struck circa 492-480/79 BC. Horseman, wearing chlamys and holding two spears, standing right behind horse advancing right / Quadripartite incuse square. Tzamalis, Ethné, Group B.1, dies D43/R46; Raymond pl. II, 4; AMNG III p. 49, 7 (Bisaltai); HPM pl. XII, 2 (Bisaltai; same obv. die); HGC 3, 753. Toned, light porosity, minor flan flaws on obverse, light graffito in field on reverse. Good VF.

Ex Classical Numismatic Group 115 (16 September 2020), lot 97.

By the end of the sixth century BC, the Kingdom of Macedon became an influential regional power, strategically located between the Persian Empire and the city-states of Greece. The wars with Persia further extended Macedon’s importance, especially that of its young prince, Alexander I, the son of Amyntas. An astute politician, Alexander deftly maneuvered through this precarious situation. Although he early on offered his sister’s hand in marriage to a Persian to offset punishment for his revenge against the high handedness of a Persian embassy in 514-513 BC, Alexander maintained an aloof but cordial relationship with the Persians as they moved through the region in 492 BC, forcing the other tribes to Medize. At the same time, he worked towards a stronger association with the Greeks. Herodotos (9.44) says that on the eve of the battle at Plataia, Alexander entered the Athenian camp to report that a delay in engaging the Persians would help to further diminish their already low supplies. In return, he hoped the Greeks (in particular the Athenians) would assist him when the time came, thereby forging a relationship between the rising power in the north with the rising Greek city-states of Athens, Sparta and their allies.

This coin type had long been ascribed to the Bisaltai, one of the powerful Thraco-Macedonian tribes that struck coinage in the late 6th and early 5th centuries. The weight of the evidence now points to it being the earliest issue of Alexander I, when he was allied with the tribes against the Persians; he presumably struck coins with types that were acceptable to his allies and would, in fact, symbolize their alliance.

For a discussion of the weight standard of this issue, see S. Psoma, “Did the So-Called Thraco-Macedonian Standard Exist?” in KAIPOΣ, pp. 167–90.

The final winners of all CNG Feature Auction 129 lots will be determined during the live online sale that will be held on 13-14 May 2025. This lot is in Session One, which will begin 13 May at 9 AM ET.

Winning bids are subject to a 22.5% buyer's fee for bids placed on this website and 25% for all others.

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