417, Lot: 87. Estimate $150. Sold for $190. This amount does not include the buyer’s fee.

KINGS of MACEDON. Philip III Arrhidaios. 323-317 BC. AR Drachm (16mm, 4.28 g, 1h). In the name and types of Alexander III. Miletos mint. Struck under Asandros, circa 323-319 BC. Head of Herakles right, wearing lion skin / Zeus Aëtophoros seated left; ΠP monogram in left field. Price PO(1), 345 var. (monogram retrograde); Hersh, Additions 54 var. (same). EF, underlying luster. Extremely rare, the third known drachm for ADM I Series II, and the only example with the monogram in this form.

For the attribution and dating of this issue, see C. Hersh & H. Troxell, “A 1993 Hoard of Alexander Drachms” in AJN 5-6 (1993-4), p. 28 and Table I.