456, Lot: 89. Estimate $200. Sold for $300. This amount does not include the buyer’s fee.

KINGS of THRACE, Macedonian. Lysimachos. 305-281 BC. AR Drachm (20mm, 4.20 g, 12h). 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, flanked by E Φ. Thompson 168; Müller 421; HGC 3, 1753d. Lightly toned, a little porosity, a couple light scratches in field on reverse. Good VF. Fine style.

From the BRN Collection.

Ephesos was one of the primary drachm mints of Lysimachos. Captured circa 295 BC, he renamed the city Ephesos Arsinoe, in honor of his wife. In 287 BC, Demetrios Poliorketes took control of the region, and Magnesia was allowed to attack many of its rivals, including Ephesos. Although Lysimachos soon reestablished control in Ionia, he apparently did not reopen most of his mints, having shifted production those that were located in more secure regions.