Sale: CNG 72, Lot: 431. Estimate $300.  Closing Date: Wednesday, 14 June 2006.  Sold For $212. This amount does not include the buyer’s fee.

KINGS of MACEDON. Alexander III ‘the Great’. 336-323 BC. AR Tetradrachm (17.03 g, 6h). Babylon mint. Struck under Peithon, circa 315-311 BC. Head of Herakles right, wearing lion skin / Zeus Aëtophoros seated left; monogram in left field; monogram in wreath below throne. Price 3726. Good VF.

In 315 BC, Antigonos I Monophthalmos forced Seleukos I to flee from his satrapy in Babylon, and replaced him with Peithon, a Macedonian who had served under Alexander III as satrap of southern India. After Alexander’s death, Peithon had been appointed to the satrapy of Media.