KINGS of MACEDON. Alexander III ‘the Great’. 336-323 BC. AR Tetradrachm (29mm, 17.08 g, 6h). Babylon mint. Struck under Peithon, circa 315-311 BC. Head of Herakles right, wearing lion skin / Zeus Aëtophoros seated left; in left field, monogram in wreath; monogram below throne. Price 3719. EF.
In 315 BC, Antigonos I Monophthalmos forced Seleukos I to flee from his satrapy in Babylon, and replaced him with Peithon, a Macedonian who had served under Alexander III as satrap of southern India, and later as satrap of Media.