Triton XXI, Lot: 218. Estimate $2000. Sold for $1600. This amount does not include the buyer’s fee.

EGYPT, Alexandria. Philip I. AD 244-249. Æ Drachm (31mm, 21.07 g, 11h). Dated RY 6 (AD 248/249). A K M IOV ΦΙΛIΠΠΟC ЄYC, laureate, draped, and cuirassed bust right / Homonoia standing facing, head left, raising her right hand upward, holding a double cornucopia with her left; palm frond to left, L ς (date) to right. Köln 2755; Dattari (Savio) 4946; K&G 74.112 corr. (does not mention the palm frond, which is visible in the example they used as their illustration); Emmett 3526.6 (R2); Staffieri, Alexandria In Nummis 219 (this coin). Good VF, dark brown patina with touches of red and green. Rare, especially in this exceptional condition.

From the Giovanni Maria Staffieri Collection. Ex Kerry K. Wetterstrom Collection (Classical Numismatic Auctions XIII, 4 December 1990), lot 151.

Philip I reintroduced the bronze drachm denomination for his Alexandrian regnal years 5 and 6, most likely to commemorate the 1000th anniversary of the founding of Rome.