Sale: CNG 64, Lot: 174. Estimate $3000.  Closing Date: Wednesday, 24 September 2003.  Sold For $3850. This amount does not include the buyer’s fee.

AITOLIAN LEAGUE. Circa 220-196 BC. AV Stater (8.47 gm). Helmeted head of Athena right; serpent on helmet / Aetolia seated right on pile of shields, holding spear and Nike; Artemis before walking right; monogram in exergue. Cf. Pozzi 1323 (same obverse die, different monogram); SNG Copenhagen 1 var. (monogram). Near VF, reverse slightly double struck. Rare. ($3000)

Ex Numismatic Fine Arts XXVI (14 August 1991), lot 72, where it realized $3500.

Beginning about the year 220 BC, the Aetolians were involved in a series of conflicts with the Macedonian kingdom, often in alliance with Rome. The Aetolian League staters were struck during this period, and the extensive die links between the some two dozen varieties suggest a relatively short, extensive production of gold coinage in support of the war effort. At the conclusion of the Second Macedonian War in 196 BC Rome was the sole power in Greece, and Aetolia went into a period of decline along with the rest of the country.