Rare Issue

416, Lot: 296. Estimate $10000. Sold for $12000. This amount does not include the buyer’s fee.

PTOLEMAIC KINGS of EGYPT. Arsinoe II Philadelphos. Died 270/268 BC. AV Mnaieion – ‘Oktadrachm’ (29mm, 27.78 g, 12h). Alexandreia mint. Struck under Ptolemy II or III, circa 249/8-242/1 BC. Head right with ram’s horn, veiled and wearing stephanos; lotus-tipped scepter in background, Ξ to left / APΣINOHΣ ΦIΛAΔEΛΦOY, double cornucopia, grape bunches hanging at sides, bound with fillet. Svoronos 489; Olivier & Lorber dies 1/7; SNG Copenhagen –; Du Chastel 293 (same obv. die); Hermitage Sale II 1576 (same obv. die); Hunterian 13 (same dies). EF, lustrous, edge marks and flat spots along edge from prior mount, slight die wear on obverse. Rare issue with Ξ on obverse, only seventeen recorded by Olivier & Lorber, four additional in CoinArchives.