Diobol - Alexander III (Amphipolis) (336 BC - 323 BC) front Diobol - Alexander III (Amphipolis) (336 BC - 323 BC) back
Diobol - Alexander III (Amphipolis) (336 BC - 323 BC) photo
© Roma Numismatics Limited

Diobol - Alexander III Amphipolis 336 BC - 323 BC

 
Silver 1.21 g 11 mm
Description
Issuer
Kingdom of Macedonia
King
Alexander III the Great (336 BC - 323 BC)
Type
Standard circulation coin
Years
336 BC - 323 BC
Value
Diobol (⅓)
Currency
Drachm
Composition
Silver
Weight
1.21 g
Diameter
11 mm
Shape
Round (irregular)
Technique
Hammered
Orientation
Variable alignment ↺
Demonetized
Yes
Updated
2024-10-10
References
Numista
N#197035
Rarity index
97%

Reverse

Eagle standing right on thunderbolt, head left.

Script: Greek

Lettering: ΑΛΕΞΑΝΔΡΟΥ

Translation: Alexander (III, the Great)

Comment

Unpublished in the standard references, for the same type in Drachm denomination, cf. Price 145; SNG Copenhagen 693 and HGC 3-901. For Diobol, cf. Price 16 and HGC 3-906.

The coin in the main image (1.21g, 11mm, 12h, Near Extremely Fine):
◦ Auctioned by Roma Numismatics Ltd, Auction XVII, 28 March 2019, Lot 392. Sold for 2,200 GBP;

Interesting fact

The Diobol coin was used as a means of payment for soldiers and mercenaries during Alexander the Great's military campaigns. It was a small silver coin that was valued at one-third of a drachm, and it was used to pay soldiers for their services and to purchase supplies for the army. The coin was minted in large quantities to meet the needs of Alexander's military campaigns, and it played an important role in the economy of the ancient Kingdom of Macedonia.