Two Issues Struck Under Peithon

Sale: CNG 81, Lot: 353. Estimate $2000.  Closing Date: Wednesday, 20 May 2009.  Sold For $3100. This amount does not include the buyer’s fee.

KINGS of MACEDON. Alexander III ‘the Great’. 336-323 BC. AV Stater (8.49 g, 7h). Babylon mint. Struck under Peithon, circa 315-311 BC. Helmeted head of Athena right / Nike standing right; monogram below left and right wings. Price 3721 var. (no pellet within P of left monogram). Near EF, underlying luster.

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.