170, Lot: 109. Estimate $200. Sold for $315. This amount does not include the buyer’s fee.

SELEUKID KINGS of SYRIA. Demetrios I Soter. 162-150 BC. AR Tetradrachm (31mm, 16.54 g). Antioch mint. Diademed head right, with slight beard, within wreath / Tyche seated left, holding baton and cornucopia; winged Tritoness supporting throne, monogram in left field. SNG Spaer 1257; SMA 81. VF.

Based on the forthcoming second part of the die study of Antioch, Demetrius’ earliest portraits were beardless, followed by a short series with bearded portraits. The beard was subsequently erased from its respective dies, which were then reused.