Drachm (In the name of Alexander III; Magnesia) (323 BC - 319 BC) front Drachm (In the name of Alexander III; Magnesia) (323 BC - 319 BC) back
Drachm (In the name of Alexander III; Magnesia) (323 BC - 319 BC) photo
© American Numismatic Society (ANS)

Drachm In the name of Alexander III; Magnesia 323 BC - 319 BC

 
Silver 4.29 g 17 mm
Description
Issuer
Kingdom of Macedonia
Type
Standard circulation coin
Years
323 BC - 319 BC
Value
Drachm (1)
Currency
Drachm
Composition
Silver
Weight
4.29 g
Diameter
17 mm
Shape
Round (irregular)
Technique
Hammered
Orientation
Variable alignment ↺
Demonetized
Yes
Updated
2024-10-10
References
Numista
N#406595
Rarity index
100%

Reverse

Zeus seated on stool-throne left, eagle on outstretched right hand, sceptre in left hand; below the throne bee left and in right field spear head upward.

Script: Greek

Lettering: ΑΛΕΞΑΝΔΡΟΥ

Translation: Alexander (III, the Great)

Interesting fact

The Drachm coin was used during the reign of Alexander the Great's father, King Philip II of Macedon. It was minted in the city of Magnesia, which was an important center of trade and commerce in the ancient world. The coin features an image of a youthful Alexander III on one side and an image of Zeus on the other, signifying the divine right of the Macedonian kings to rule. The coin was used for everyday transactions and was also used to pay soldiers and mercenaries. Despite its small size, the coin played a significant role in the economy of the ancient Macedonian empire.