CNG 105, Lot: 56. Estimate $2000. Sold for $2750. This amount does not include the buyer’s fee.

MACEDON, Chalkidian League. Circa 400 BC. AR Tetradrachm (27mm, 13.63 g, 5h). Olynthos mint. Laureate head of Apollo left / Kithara within incuse square. Robinson & Clement Group E, 1 (O1/R1); SNG ANS 469 (same dies). Good VF, lightly toned, minor edge splits, some roughness and granularity. Extremely rare tetradrachm from the first dies of the series.

Ex Demetrios Armounta Collection (Classical Numismatic Group 94, 18 September 2013), lot 197 (hammer $6000 on $1500 estimate); Ponterio 130 (30 April 2004), lot 1315.