351, Lot: 60. Estimate $150. Sold for $301. This amount does not include the buyer’s fee.

KINGS of THRACE, Macedonian. Lysimachos. 305-281 BC. AR Drachm (17.5mm, 4.29 g, 1h). Ephesos mint. Struck circa 294-287 BC. Diademed head of the deified Alexander right, with horn of Ammon / Athena Nikephoros seated left, left arm resting on shield, transverse spear in background; to inner left, bee left between E Φ facing outward. Thompson 168; Müller 421. VF, slight die shift on obverse.

From the Nicholas Sicurella Collection.

None of the primary references distinguish between the different varieties of how the bee or the letters of the ethnic are facing. This and the following two coins demonstrate these variations. The orientation of these controls on the present coin is the most common, while the others are quite rare.